according to my analysis GBP will drop then bounce back.If we look closely the GBP has got a strong resistance which is supporting the idea of it bouncing back.
Therefore buyers should get ready to buy and make money for this coming week.
Therefore buyers should get ready to buy and make money for this coming week.
Note
-Now our trend has reached the signal point and as well its it the support zone.-This means anytime from now GBP is going to bounce back that is market will start
going long.
- Signal - Open a pending order at 1.32000
- stop loss at 1.311040
- TP 1 = 1.34880
- TP 1 = 1.36080
Thank you
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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.