Forex_Times

💎GBPUSD: will there be a consolidation below balance of day?

OANDA:GBPUSD   British Pound / U.S. Dollar
🏦 For the second week in a row the weekly hedger resistance area continues to be unwound.
Today during the day, we expect the option balance level of the day (1.3717) to be reopened.
In case of breakdown and fixation below the mentioned support, we are expecting the continuation of decline, with the option level at 1.3617, as a guideline.
💲 In case of formation of the pattern to buy near the balance of the day (1.3717), we expect the impulse increase to the balance of the week (1.3749).
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