The 15-minute GBP/USD’s short-term intraday chart indicates that strong near-term resistance is waiting for any bulls thinking about rallying this pair higher through 1.5300 during the coming week. An Ascending Triangle formed when prices squeezed into the narrowing range, with strong resistance showing between 1.5315 (R1) and 1.5304 (R2). Current support is steady at 1.5273 [...]
Forex Tricks
Intraday Cable Continuation Expected
The 15-minute GBP/USD’s short-term intraday chart indicates that strong near-term resistance is waiting for any bulls thinking about rallying this pair higher through 1.5300 during the coming week. An Ascending Triangle formed when prices squeezed into the narrowing range, with strong resistance showing between 1.5315 (R1) and 1.5304 (R2). Current support is steady at 1.5273 [...]
