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AbsoluteWillid
Apr 10, 2023 7:59 AM

GBPUSD Daily Projection 10/04/2023 

British Pound/U.S. DollarFXCM

Description

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.

[Positions that can be taken]
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!
Comments
TopTradingSignals
Yes, same opinion!
TradingBrokersView
Taking into consideration the market conditions, your forecast should work quite well. Great work.
AbsoluteWillid
@TradingBrokersView, Thank you. TP hit beautifully
TradingShot
Thank you for sharing your opinion with us.
AbsoluteWillid
@TradingShot, Happy Trading
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