GBPUSD
Cable goes straight to our TP after picking up the buy stop that we installed yesterday. Rising high to the next resistance in 1 candle will usually be followed by a deep correction or consolidation as well. The potential for price correction on GBPUSD is still at the support 1.20604 which it just left but yesterday's increase was enough to confirm the uptrend in this pair.
[Possible to take]
CUT HALF 1.21723 SL PLUS 1.21100
R3 1.24639
R2 1.24093
R1 1.22994
PV 1.22017
S1 1.20608
S2 1.20102
S3 1.19144
Cable goes straight to our TP after picking up the buy stop that we installed yesterday. Rising high to the next resistance in 1 candle will usually be followed by a deep correction or consolidation as well. The potential for price correction on GBPUSD is still at the support 1.20604 which it just left but yesterday's increase was enough to confirm the uptrend in this pair.
[Possible to take]
CUT HALF 1.21723 SL PLUS 1.21100
R3 1.24639
R2 1.24093
R1 1.22994
PV 1.22017
S1 1.20608
S2 1.20102
S3 1.19144
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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.
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.