GBPUSD WILL FALL TILL 1.25700, IT IS NOT BREAKING THE RESISTANCE
Hello Followers I am going to publish my technical setup on GBPUSD , So share your opinion in comments about my analysis..
GBPUSD is giving rejection from the resistance area again and again and now it is working close to the resistance, the level of resistance is 1.26750/1.26650. According to me GBPUSD will fall down to the first 1st target around 1.26150 that is also a support area and if GBPUSD break this Then will reach to the 2nd target around 1.25700.. Last target is near to the demand zone it's level is 1.25710/1.25610. I have applied the Short Position also in the chart as well...
KEY POINTS:
ENTRY PRICE 1.26500
DEMAND ZONE 1.25710/1.25610
RESISTANCE AREA 1.26650/1.26750
TARGETS:
1st TARGET 1.26170
2nd TARGET 1.25700
CANCEL TRADE 1.26860
GBPUSD is giving rejection from the resistance area again and again and now it is working close to the resistance, the level of resistance is 1.26750/1.26650. According to me GBPUSD will fall down to the first 1st target around 1.26150 that is also a support area and if GBPUSD break this Then will reach to the 2nd target around 1.25700.. Last target is near to the demand zone it's level is 1.25710/1.25610. I have applied the Short Position also in the chart as well...
KEY POINTS:
ENTRY PRICE 1.26500
DEMAND ZONE 1.25710/1.25610
RESISTANCE AREA 1.26650/1.26750
TARGETS:
1st TARGET 1.26170
2nd TARGET 1.25700
CANCEL TRADE 1.26860
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FREE TELEGRAM
t.me/+K2jx0G0f7HUxMTM0
t.me/+K2jx0G0f7HUxMTM0
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.