The first two weeks of this month gbpusd has been going long for about 400 hundred pips, I expected the target resistance zone is at the price 1.34,400.
I still speculate that 1.34400 is a resistance but since the market is at the 61.8 Fibo level ,that is a potential point of price reversal, expecting sell retest makes sense to me.
Target sell retracement is at...
We have been experiencing higher lows since the market touched the record low about two years past.
The market at the price 1.31 and 1.32 mark a resistance zone for the year 2023 and 2024 respectively.
it is wise to think the time for lower lows is about to begin as a sign to return to the support zone.
Sell wisely ,but if it reaches 1.26 and break it ,that will...
