


Eloah11
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since Jun 14, 2020
chartpattern
trendanalysis
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strong movement into the resistance area with a steady rejection candle possible retrace to build for a higher level.
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The rand will fall to R14 where it will then continue to correct to the R15,15 and up. I believe the time for the strength of the rand is coming to a close and will soon weaken. once it hits R14 or R13,95 i will place a buy.
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clear head and shoulders, i also believe gbp lost momentum and will start falling where it will collect power to move up to retest resistance and gain strength to continue upward. i also don't feel the GBP making new highs soon this year maybe in a month or two i suspect it will hover around this price range.
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