GBP/USD H1 Trend watch!
Cable was as well having an upward trend last week. Moving from a VERIFIED SUPPORT @1.35886 part and on 27th formed an UNTESTED SUPPORT level ( Check chart ) @ 1.36785.
POSSIBLE MARKET MOVES
Presently, price has been rejected at an UNTESTED resistance level way from 18th Aug @1.37905 . Moving closer to a stop point line @1.37388.
There is a serious tendency that the price will break UNTESTED RESISTANCE level to the PROVEN level.
NOTE: The trend has not break upper .... we still on a lower trend!!!
observe every RISK MANAGEMENT measures
POSSIBLE MARKET MOVES
Presently, price has been rejected at an UNTESTED resistance level way from 18th Aug @1.37905 . Moving closer to a stop point line @1.37388.
There is a serious tendency that the price will break UNTESTED RESISTANCE level to the PROVEN level.
NOTE: The trend has not break upper .... we still on a lower trend!!!
observe every RISK MANAGEMENT measures
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