GBPUSD on a monthly chart has a lot of liquidity zones so I wanted to count probability of the nearest movements of this instrument.
And found out that most likely GU is going to break height that was just created up to 1.4180 and after reaching this level 60% of probability that price will revers back to 1.22050 level.
With 5 levels (yellow lines) we have 120 variations of the price move. And that a lot but we will concentrate on the moves that are with high chance come true.
The Fibonacci levels has not reached yet, so I believe someday price will get to that key level and when it happens price 100% will start rising to the moon.
Good luck:)
And found out that most likely GU is going to break height that was just created up to 1.4180 and after reaching this level 60% of probability that price will revers back to 1.22050 level.
With 5 levels (yellow lines) we have 120 variations of the price move. And that a lot but we will concentrate on the moves that are with high chance come true.
The Fibonacci levels has not reached yet, so I believe someday price will get to that key level and when it happens price 100% will start rising to the moon.
Good luck:)