GBP
Hi 💁🏼♀️
The 1.2043 - 1.2069 range is a key range.
If this drop stabilizes the price below 1.2043, the expectation for an upside will fade and we should consider the continuation of the decline.
The continuation of the upward movement is confirmed by stabilization above 1.2150, in which case one should be prepared to grow up to the price range of 1.2241-1.2255.
The 1.2043 - 1.2069 range is a key range.
If this drop stabilizes the price below 1.2043, the expectation for an upside will fade and we should consider the continuation of the decline.
The continuation of the upward movement is confirmed by stabilization above 1.2150, in which case one should be prepared to grow up to the price range of 1.2241-1.2255.
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.