I believe that the the support will be able to resist against going any lower.
Komentar:
I recently noticed that there's a downwards flag being created
. This makes me uncertain about the future predictions of GBPUSD... I will look into it.
Komentar:
It has been a couple of days since my last update and the price has gone over the resistance. I now believe that the price will "bounce" on the yellow support and go into an uptrend.
Komentar:
The price did go below the support and I have now plotted a now support.