There is an analysis of the GBPUSD H1 chart.

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Based on the theory of price action, this analysis has been conducted.

As a result of this analysis, it can be seen that the price is following an ascending channel with bullish pressure. During this time, multiple pullbacks and recoveries have been seen in the price. Likewise, the price broke its range at 1.23139 and gave us a retracement with a double top formation at 1.24424 and 1.23139, respectively. In this case, if the price continues to follow the channel, then we have a tragic price of 1.24424. However, if the price breaks the channel, then we will look for support at 1.22110 and 1.21096 on the downside of the price.

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According to analysis market move very well hope you enjoy the analysis
Сделка закрыта: достигнута тейк-профит цена
Chart PatternsgbpusdanalysisgbpusdlonggbpusdshortTechnical IndicatorsTrend Analysis

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