Forex_Times

♻️ GBPUSD: the pound continues to unwind the weekly balance.

OANDA:GBPUSD   British Pound / U.S. Dollar
The nearest resistance for today is the upper boundary of the balance zone of the day (1.3914).
💠 If the pattern of selling is formed, near the price level of 1.3914, the drop to the bottom border of the balance zone of the day (1.3858) is expected.
In case of breakdown and fixation above the upper border of the day's balance zone (1.3914), we expect further rise with the ultimate target for today,- limit seller (1.3973).
💡 In its turn, reaching the level of limit seller and the subsequent appearance of the pattern to sell will give the opportunity to sell profitably with the strategic target,- limit buyer (1.3833).
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