CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!
133
Brief Description๐๏ธ:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 1.27800 to 1.27940, respectively, is highlighted.
Things I Have Seen๐:
Important Supply Zone๐ข: Identified between 1.27800 and 1.27940 serving as a low-risk SELL.
Bearish Targets๐: 1.27700: Possible retracement area. 1.27200: Possible retracement area. 1.26500: Possible retracement area. 1.25500: Possible retracement area.
What's Important Nowโ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
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.
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.