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AbsoluteWillid

GBPUSD Today's Projection 02/08/22

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
AbsoluteWillid  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Chart Patterns
2
0
trendanalysis indicator chartpattern
GBPUSD

Cable managed to break the resistance at 1.22017 and entered the range 1.22017 - 1.22994. The price seems to be correcting to support 1.22017 before trying to break through its new resistance again. The MA Pattern still shows a strong uptrend with a far enough reversal point at support 1.20604.

R3 1.24639
R2 1.24093
R1 1.22994
PV 1.22017
S1 1.20608
S2 1.20102
S3 1.19144
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