Reaching important key levels
GBPUSD is close again to important key level. As you can see previous support becomes resistance
So here there are 2 scenarios:
1. The pair could bounce again from that level and will go down
2. I could break it, then bounce back to it and continue up
I can't say what is more likely to happen, but we need to watch out for this levels
So here there are 2 scenarios:
1. The pair could bounce again from that level and will go down
2. I could break it, then bounce back to it and continue up
I can't say what is more likely to happen, but we need to watch out for this levels
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.