GBPUSD
GBPUSD tried to fight back its downtrend today but the price was rejected at 1.08693 while closing the gap that occurred at the beginning of the last week in September. The cable is currently forming a doji in the range 1.06417 - 1.07258 which if this becomes a higher low, there is a possibility that GBPUSd will temporarily maneuver at least to resistance 1.10793 as well as correction to the MA20.
Possible to take
SELL STOP 1.06127 SL 1.07724 TP 1.04144
R3 1.12016
R2 1.10793
R1 1.08693
PV 1.07258
S1 1.06417
S2 1.05237
S3 1.03984
GBPUSD tried to fight back its downtrend today but the price was rejected at 1.08693 while closing the gap that occurred at the beginning of the last week in September. The cable is currently forming a doji in the range 1.06417 - 1.07258 which if this becomes a higher low, there is a possibility that GBPUSd will temporarily maneuver at least to resistance 1.10793 as well as correction to the MA20.
Possible to take
SELL STOP 1.06127 SL 1.07724 TP 1.04144
R3 1.12016
R2 1.10793
R1 1.08693
PV 1.07258
S1 1.06417
S2 1.05237
S3 1.03984