GBPUSD W, Above 1.1405 Target 1.1760 & 1.1934
GBPUSD rebound after hit 1.1405 level.
As we talked at previous idea,
GBPUSD "If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411."
Now, GBPUSD hit Fibonacci 1.618% and formed Double Bottom around 1.1405.
Outlook,
While Above 1.1405, then GBPUSD Potential Target at 1.1760 & 1.1934.
But If Fail To Hold Above 1.1934, then GBPUSD is Still Bearish.
Strong Resistance at 1.2293.
Anyway, If GBPUSD Break Below 1.1405, then Potential Target at 1.1341 & 1.1227.
As we talked at previous idea,
GBPUSD "If Break and hold Below 1.1876 then Potential Target is 1.1624. Strongest Support at 1.1411."
Now, GBPUSD hit Fibonacci 1.618% and formed Double Bottom around 1.1405.
Outlook,
While Above 1.1405, then GBPUSD Potential Target at 1.1760 & 1.1934.
But If Fail To Hold Above 1.1934, then GBPUSD is Still Bearish.
Strong Resistance at 1.2293.
Anyway, If GBPUSD Break Below 1.1405, then Potential Target at 1.1341 & 1.1227.
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