D1 : Chart forming Bearish Expanding Triangle (search Google for more info)
Today Price comeback to the red zone after failed continuing Triangle chart pattern, where this price level in this week become DBR (Drop Base Rally) Demand.
GBPUSD would be back to 1.32800 only if price can escape from Red Zone and breaks price level of 1.30500-1.30800.
But, if price suddenly dropped and breaks Middle Top Support/Resistance Line, its must be a signal to start a downtrend continuation.
Today Price comeback to the red zone after failed continuing Triangle chart pattern, where this price level in this week become DBR (Drop Base Rally) Demand.
GBPUSD would be back to 1.32800 only if price can escape from Red Zone and breaks price level of 1.30500-1.30800.
But, if price suddenly dropped and breaks Middle Top Support/Resistance Line, its must be a signal to start a downtrend continuation.