GBPUSD
GBPUSD again rejected from the support area 1.13502 - 1.13695 and returned to the 1.14139 - 1.15414 ragen. The downtrend is still quite visible in this pair with a reversal point at resistance 1.16714. Most likely today GBPUSD will still go down testing its support again. For those who want to BUY Cable, it's better to wait for the confirmation of the uptrend while on Cable.
We are still waiting for a temporary reversal confirmation before buying this pair.
R3 1.17146
R2 1.16714
R1 1.15414
PV 1.14139
S1 1.13695
S2 1.13502
S3 1.10793
GBPUSD again rejected from the support area 1.13502 - 1.13695 and returned to the 1.14139 - 1.15414 ragen. The downtrend is still quite visible in this pair with a reversal point at resistance 1.16714. Most likely today GBPUSD will still go down testing its support again. For those who want to BUY Cable, it's better to wait for the confirmation of the uptrend while on Cable.
We are still waiting for a temporary reversal confirmation before buying this pair.
R3 1.17146
R2 1.16714
R1 1.15414
PV 1.14139
S1 1.13695
S2 1.13502
S3 1.10793