Last week the price action in GBPUSD played really well and the trade was accurate to the pip.
This upcoming week, we look for price to head back up till 1.315 price zone where we may see formation of head and shoulders, or the price may reach to retest our resistance at 1.321 price zone, and from there we can start to look for bearish formations.
Our target will be set as from the last week at 1.292 price zone.
This upcoming week, we look for price to head back up till 1.315 price zone where we may see formation of head and shoulders, or the price may reach to retest our resistance at 1.321 price zone, and from there we can start to look for bearish formations.
Our target will be set as from the last week at 1.292 price zone.