Breaking Down GBPUSD i was able to discover a very strong support level at 1.27000. Price action has been turned away by aggressive sellers 4 times firmly. Confirming the resistance level. Illustrated in the chart. I am predicting a possible short opportunity just above the F.786
The Upper Yellow trend line showing the weakening of bullish occupancy.
GBP news can alter the trajectory of this pair. I would carefully analyze the situation before entering the pair. And for that reason i would not post any coordinates.
The Upper Yellow trend line showing the weakening of bullish occupancy.
GBP news can alter the trajectory of this pair. I would carefully analyze the situation before entering the pair. And for that reason i would not post any coordinates.
Comment:
This pair cold off as anticipated. but didnt go up and tough my targets first. Great analysis just didnt follow my rules. i hope somebody caught pips.
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