Hello traders, in my yesterday's GBP/USD analysis, I mentioned
about price falling to 1.21 or lower. Keep in mind that GBP/USD was
trading 1.2205 then. So, anyone who sold based on my recommendation
definitely made at least a 100 pips profit.
Currently, GBP/USD has rebounded from the demand zone that I had
already highlighted in yesterday's chart. So, my recommendation is to
buy the dips in GBP/USD. My preferred buy zone is between 1.2050-1.2100
with a target of 1.25 in the next two or three weeks.
about price falling to 1.21 or lower. Keep in mind that GBP/USD was
trading 1.2205 then. So, anyone who sold based on my recommendation
definitely made at least a 100 pips profit.
Currently, GBP/USD has rebounded from the demand zone that I had
already highlighted in yesterday's chart. So, my recommendation is to
buy the dips in GBP/USD. My preferred buy zone is between 1.2050-1.2100
with a target of 1.25 in the next two or three weeks.
