GBPUSD
GBPUSD fell 1 range to 1.23437 - 1.24224 due to the strengthening of the USD last Friday. This unilateral strengthening is due to the GBP holiday, of course it will be carried out early this week so you could say the price will form a GAP where if the price jumps above the resistance at 1.24507 then the temporary uptrend will be confirmed, and vice versa if not then Cable will still tend to fall and will land on support next at 1.23437 this week.
SELL LIMIT 1.24265 SL 1.24586 TP 1.23707
R3 1.24773
R2 1.24654
R1 1.24507
PV 1.24224
S1 1.23437
S2 1.22849
S3 1.22393
GBPUSD fell 1 range to 1.23437 - 1.24224 due to the strengthening of the USD last Friday. This unilateral strengthening is due to the GBP holiday, of course it will be carried out early this week so you could say the price will form a GAP where if the price jumps above the resistance at 1.24507 then the temporary uptrend will be confirmed, and vice versa if not then Cable will still tend to fall and will land on support next at 1.23437 this week.
SELL LIMIT 1.24265 SL 1.24586 TP 1.23707
R3 1.24773
R2 1.24654
R1 1.24507
PV 1.24224
S1 1.23437
S2 1.22849
S3 1.22393
Comment:
TP HIT!