GBPUSD Big Breakout on its way. Next 24-72 hours
As we can see from the chart, a very neat and tidy S&R Model here. The resistance line also conveniently sits at the 100.0 fib retracement so if it is properly broken there is potenital for 2900 pips til the next level @ 161.8
alternatively if the restistance proves too much we have a strong support line to watch out for. judging by the depth of market this would probably give us 3-4 candles (D1) notice to get that set up ready.
Just an Idea
(go do some research yourself)
alternatively if the restistance proves too much we have a strong support line to watch out for. judging by the depth of market this would probably give us 3-4 candles (D1) notice to get that set up ready.
Just an Idea
(go do some research yourself)
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.