GBP/USD: 'Pennant' pushed the price higher
อ่านบทความบนเว็บไซต์ของ FBS
The pair has been rising since the last 'Thorn' pattern formed. It's likely that the market is going to reach the nearest resistance at 1.2738 during the day. If a pullback from this level happens next, there'll be time for a decline towards the closest support at 1.2615 - 1.2606.
The last 'Pennant' pattern pushed the price higher. All the Moving Averages have been broken. The main intraday target is the next resistance at 1.2732 - 1.2738. The subsequent pullback from this area could lead to another decline.