British Pound / U.S. DollarUpdated GBPUSD Forecast
Enter short ONLY if test of minor trend line and reversal candlestick formation.
1HR targets: 1.28414 1.27796
Daily target: 1.25718
1HR targets: 1.28414 1.27796
Daily target: 1.25718
Note
Resistance still holding.4HR doji candle but no significant signs of reversal as of now.
Look for signs of bearish momentum before entering
[Targets still valid]
Note
No signs of bearish momentum on 4HRPrice has now entered order accumulation zone
Wait for significant break to the upside before buying
Daily target: 1.33100
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