GBPUSD is trading in Expanding Wedge Pattern. It is trading at resistance level of expanding wedge pattern (shown In Chart) . According to chart pattern analysis , we might see downside in GBPUSD towards Support level . One can initiate the short trade with risk management and stop loss.

Thank You.

Vivek_Samale
Vivek_Samale

have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.