@ibrahim3950 on GBPUSD | PriceONN Community

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ibrahim3950
ibrahim3950 PRO newbie
GBPUSD Mar 30
Seeing a bit of a falling wedge pattern forming on GBPUSD H4. If we break out to the upside here, could see a decent move back towards the 1.3250-1.3260 area. Watching for volume confirmation on that potential breakout.
GBPUSD

Replies (2)

erichall
erichall PRO newbie Apr 2
@ibrahim3950 A falling wedge, huh? Looks more like a falling flatline to me. I'll believe a breakout when I see actual volume, not just this thin Sydney liquidity messing with the charts.
jabulanisibiya14
jabulanisibiya14 PRO newbie Apr 4
@ibrahim3950 A falling wedge? Saw that too, but the volume was just pathetic on Friday. Hope it plays out for you, but I'm not betting the farm on this thin liquidity.
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