FX.co ★ dusty24 | GBP/USD

On the MN timeframe, there is a breakout of the flag pattern. The price has returned upwards to the resistance at 1.3510, and the question arises whether there will be a breakout above the resistance or not, and if so, whether it will be real or false. In this situation, it is difficult to say. In my opinion, the breakout will continue as long as the sideways level on the monthly timeframe satisfies the participants; there are bullish sentiments there, but only based on expectations for now, which can be deceptive and change at any moment.