Can GBP/USD continue to rise ?
This chart shows the Line chart chart of pound US currency exchange in the last half year. The graph overlays the lines between recent highs and lows, as well as the lines between lows and lows, as well as the horizontal lines at key locations closest to current prices. As shown in the figure, the pound US currency broke continuously against the previous contraction triangle consolidation range yesterday! The highest point of the pound US currency against yesterday and today is precisely around the opening price of 1.25573 on May 1, 2023! Once the daily closing line of the pound US currency against the US dollar is above this position for three consecutive trading days, the upward space opens; On the contrary, the pound against the US dollar will seek a new consolidation range for shock consolidation!
This chart shows the Line chart chart of pound US currency exchange in the last half year. The graph overlays the lines between recent highs and lows, as well as the lines between lows and lows, as well as the horizontal lines at key locations closest to current prices. As shown in the figure, the pound US currency broke continuously against the previous contraction triangle consolidation range yesterday! The highest point of the pound US currency against yesterday and today is precisely around the opening price of 1.25573 on May 1, 2023! Once the daily closing line of the pound US currency against the US dollar is above this position for three consecutive trading days, the upward space opens; On the contrary, the pound against the US dollar will seek a new consolidation range for shock consolidation!