Long ride Short on GBPUSD
GBPUSD are pinched between Monthly Support and Resistance zones (pink). Daily uptrend has come to an end by the broke of trend line. Strong Daily support zone has been displayed for several days.
Opportunity to surf the way down following a break of the first level of Daily support. Followed by buyers rushing in that will bounce price back a little if not fully to this level acting as Resistance from the second level of Daily support.
Stop Loss spots: beyond Daily support and resistance zone for swing trading.
Opportunity to surf the way down following a break of the first level of Daily support. Followed by buyers rushing in that will bounce price back a little if not fully to this level acting as Resistance from the second level of Daily support.
Stop Loss spots: beyond Daily support and resistance zone for swing trading.
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