The most significant of them all. Brexit talks end on 15th Oct, as UK PM announced on the start of this week. Meaning of that, GBPUSD started plummeting and now it has reached one of the most crucial dynamic S/R's of the recent history of the pair.
Once the wedge is broken, then I expect aggressive selling which is likely to end at 1.23 level which is considered as major support. Monitor carefully.
Thanks for your time! Good luck! :)
Once the wedge is broken, then I expect aggressive selling which is likely to end at 1.23 level which is considered as major support. Monitor carefully.
Thanks for your time! Good luck! :)
Note
LTF look on the price which is on the verge on hitting the key level.Note
First Target is 1.28xx level. If it breaks then we will move all the way to the 1.23 support.
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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.