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Wamiq422
Dec 19, 2019 2:13 PM

Good chance that the pair will break previous resistance level. Short

British Pound/U.S. DollarFXCM

Description

This is a follow-up of my last post where i explained that GBP/USD will continue it's bearish momentum.

The price is close to previous resistance level, i believe price will break through to test previous support level and make a reversal to the upside.

But there's a slight probablity that it may reverse after touching previous resistance level, in that case... open long positions and expect price to go higher than 1.3200.
Comments
Wamiq422
If you missed out on election day 350 pips upside move, wait till january 31st.
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