After reaching a local high at 1.4250, GbpUsd corrected around 500 pips and found support in 1.38 zone
The pair is trading in a very well-defined range now and I expect to continue to do so.
1.4 zone is resistance and, in my opinion, this resistance should be sold
Only GbpUsd back above 1.41 would negate this scenario
The pair is trading in a very well-defined range now and I expect to continue to do so.
1.4 zone is resistance and, in my opinion, this resistance should be sold
Only GbpUsd back above 1.41 would negate this scenario
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.