GBP/USD: another local 'V-Top" pattern

GBP/USD: another local 'V-Top" pattern


The market has been declining since the last 'Thorn' pattern formed. Meanwhile, if a pullback from the closest support at 1.3964 - 1.3928 happens, there'll be an opportunity to have a bullish correction in the direction of the nearest resistance at 1.4009 - 1.4045.


There's another local 'V-Top" pattern, so the pair is likely going to test the next support at 1.3964 - 1.3928. This area could be a starting point for a bullish price movement towards the closest resistance at 1.3982 - 1.4009.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera