GBP/USD Ascending Wedge Hits 1.36 Apex: Pullback Likely as Pattern Completes
Uncategorized |
19 Dec, 2025 |
Published
The British Pound against the US Dollar has reached a critical technical inflection point that strongly favors a near-term pullback. After three years of development, the textbook ascending wedge pattern has hit its apex at the 1.36 "2 Factor Resistance" level - the precise point where both ascending trendlines converge....