GBPUSD Symmetrical Triangle Breakout Signal
GBPUSD has broken the Symmetrical Triangle Pattern in the 1-hour time frame chart.
After the confirmation of the breakout and the upward move, the GBPUSD Buy signal is given.
GBPUSD has reached the take profit 1 successfully.
Right now the key things to look out for are whether county-wide lockdowns begin to ease, so local businesses can reopen and inject money back into the economy, which will show strength causing the pound to rise back to stronger levels. The only other thing that could sway sentiment at the moment would be more talk on the Brexit situation.
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