GBPUSD can bounce resistance line and drop to support

1 372
Hello my friends, today I want to talk to you about GBP/USD.

The price formed an ascending wedge and moves inside this wedge.

The price is now trading below the resistance line, but can retest it.

After a possible retest of the resistance line, the price can begin to decline.

I expect the price can go up to the resistance line, test it, then bounce back and drop to the support line.

I see our goal at the level of 1.1630, which coincide with the support line.

I expect such a scenario.

This is an article, not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

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