Today the gbp will treat 1.2100 as a strong support .. we wil probably run towards 1.2250 and start selling there to test 1.2100 ir 1.2020 ... but ultimately you wana buy around 1.2020 as the weekly target for the gbp may be 1.2550 .. i believe still we should go up .. but you have to have a gane plan ... so in short my game plan is buy to 1.2250 , sell to 1.2100 and buy again around 1.2020 for a target of 1.2550 .. then sell for a push below 1.2000 .. its a zig zag hehe
Fxbahrain
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Perfect analysis .. i hugley expect the gbp/usd to hit the first target of 1.2080 ... then i will step out of the market and wait for any spike down up to 1.2000 or 1.1980 to buy targeting 1.2500
ardiansyah
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Smart Chart Ignat. I was waiting at a point 1.2260 to short