Cabana Capitals Blog Technical Analysis Confirmed breakout on GBPUSD 30 Minutes chart

Confirmed breakout on GBPUSD 30 Minutes chart

Confirmed breakout on GBPUSD 30 Minutes chart post thumbnail image

Ascending Triangle pattern identified on GBPUSD has broken through a resistance level with the price momentum continuing to move in an upward direction. A solid trading opportunity continues with the price expected to reach 1.2503 in the next 23.

Supported by RSI below 40

Target: 1.2503 Entry: 1.2464 Stop: 1.2427

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