GBPUSD
will have to see if the price goes below 1.26482.
if so, am expecting the price to go all the way down to 1257.22 or even all the way down to the strong support of 1.2509
if there is a 1h candle stick that shows the closing is right below 1257.22, potential to take quick gains on the decline.
if px did not close below 1257.22, (i.e a strong 1h candle stick closing above the 1257.22 support) most likely will go all the way up again and then i will go long
Do drop me a like/comment on your analysis
if so, am expecting the price to go all the way down to 1257.22 or even all the way down to the strong support of 1.2509
if there is a 1h candle stick that shows the closing is right below 1257.22, potential to take quick gains on the decline.
if px did not close below 1257.22, (i.e a strong 1h candle stick closing above the 1257.22 support) most likely will go all the way up again and then i will go long
Do drop me a like/comment on your analysis
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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.