Hello Traders !
This is a technical view on GBPUSD for next coming days, last week the price break below 1.3800 the historical S/R level since Feb 2021;
This market is extremely bearish, falling into the monthly support to 1.3570 last week,
the market should being a quick retest to the resistance at 1.3800 or 1.3777, before get in to the move that could being toward the 1.3500 the biggest support level since 2009;
*Notice that if the daily close above the 1.3800 the resistance we'll not be in the trade anymore, so trade with caution.
This is a technical view on GBPUSD for next coming days, last week the price break below 1.3800 the historical S/R level since Feb 2021;
This market is extremely bearish, falling into the monthly support to 1.3570 last week,
the market should being a quick retest to the resistance at 1.3800 or 1.3777, before get in to the move that could being toward the 1.3500 the biggest support level since 2009;
*Notice that if the daily close above the 1.3800 the resistance we'll not be in the trade anymore, so trade with caution.
Order cancelled
Related publications
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.
Related publications
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.