Our first sets of targets will be 107.850 then 108.400 last K.I.S.S area of strong price rejection and reversal.
Price might be forming bearish pennant continuation click link in bio to view more.
WE SEE CLEAR SIGNS OF A UPWARD MOVE ON THIS PAIR.
SELL AFTER PRICE RETRACE TO RESISTANCE POINT OF CONFLUENCE
PRICE IS APPROACHING RESISTANCE (FIRST TIME BACK)
We saw that the market was consolidating above support to continue a push further up from previous days momentum. if price can hold above the 106.560 level we shall see a continuation to 107.800 which is our next major PRZ zone.
After an indecisive week, the market decided to pop down. We shall see a move lower after retesting prior lows to find new lows at hourly support. Good luck trading
GBPUSD is stuck in a h4 consolidation zone above daily support where it rejected aggressively. If the market is able to break consolidation and close above 1.39830 to the upside we shall expect a further push to our TP zone 1.41315.
We saw that the market was forming new lows and consolidating at resistance. we expect a push further down to 1.21920
Sell at red zone target monthly support zone