GBPUSD POSSIBLE SETUPS
Price is still trading above the 20years WEDGE PATTERN i outlined last week, we saw buyers holding the resistance turn support level @ 1.3470, while the minor zone i talked about @ 1.3740 didn't give way for more upside, so price rotate lower.
Going into the new week, we will be looking at price action at @ 1.3470, if buyers will once again defend the zone, that will set price higher with the overall target still @ 1.4300
WHILE, a push below resistance turn support @ 1.3470 will set price lower.
Going into the new week, we will be looking at price action at @ 1.3470, if buyers will once again defend the zone, that will set price higher with the overall target still @ 1.4300
WHILE, a push below resistance turn support @ 1.3470 will set price lower.
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