Similar to EURUSD, GBPUSDS opened at PZ and rallied to above strong R before coming down to new lows but it hold at below strong support before recovering half way.
I would like to watch reaction at 1.2691 strong level. A rejection off there is a possible short for a move down to 1.2631.
While 1.2631 is a possible long off the level for a possible higher low for a move higher. Overall GBPUSD price action is more bullish than EURUSD
I would like to watch reaction at 1.2691 strong level. A rejection off there is a possible short for a move down to 1.2631.
While 1.2631 is a possible long off the level for a possible higher low for a move higher. Overall GBPUSD price action is more bullish than EURUSD
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