HI Traders,
Last week
GBPUSD
had a trend line break out and it went in our direction. for more info u can check out my last week analysis i have linked it as well.
There two possibilities right now trend line 1.26307 acting as resistance and trend line 1.21998 acting as support. Market is ranging in between these two trend lines.
Scenario one:
Gu could test its resistance trend line 1.26307
Scenario two:
wait for break out then our target is at 1.21998
Last week
GBPUSD
had a trend line break out and it went in our direction. for more info u can check out my last week analysis i have linked it as well. There two possibilities right now trend line 1.26307 acting as resistance and trend line 1.21998 acting as support. Market is ranging in between these two trend lines.
Scenario one:
Gu could test its resistance trend line 1.26307
Scenario two:
wait for break out then our target is at 1.21998
Trade closed: target reached
