GBPUSD moved out of the descending channel and dropped.
Price recovered from a strong support level of 1.26300, and the price action displayed a high number of doji candles, indicating indecision.
The market reached the resitance level, which is a psychological level of 1.2700 and a 50% fibo level.
We expect a move down.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Price recovered from a strong support level of 1.26300, and the price action displayed a high number of doji candles, indicating indecision.
The market reached the resitance level, which is a psychological level of 1.2700 and a 50% fibo level.
We expect a move down.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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