GbpUsd- 1.3 is my target for correction
After finding a strong ceiling at 1.35 zone, GbpUsd fell like a rock smashing 1.3 support like nothing.
The pair finally found support at 1.2750, market but former support and resistance in the past and an inverted hammer on Friday and a bullish engulfing yesterday.
I believe we are in for a relief rally and the pair could rise to 1.3 zone.
That being said, I will look to buy dips with a SL under 1.2750
The pair finally found support at 1.2750, market but former support and resistance in the past and an inverted hammer on Friday and a bullish engulfing yesterday.
I believe we are in for a relief rally and the pair could rise to 1.3 zone.
That being said, I will look to buy dips with a SL under 1.2750
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