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A quick move expected on Home Depot Inc. as it starts approaching a resistance line of a Channel Up

Home Depot Inc. is heading towards the resistance line of a Channel Up and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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We expect GBPUSD to trend downwards today with a 85.71% chance.

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Important price line being approached by US Treasury Bond SEPTEMBER 2019. This price has been tested numerous times before.

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