GBPUSD bounces a from resistance area and could go down to 1.093
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Today we will look at the price of GBPUSD .
On the graph, we can see how the price moves in an upward local trend.
The price last tested the resistance zone and retreated.
I think that in this case the price will start to fall to the support line.
I set the first target near the support line at the level of 1.11500 and if the price is fixed at this level there is a possibility that the price will go down to the next support level where I set the next target at 1.09300.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the price of GBPUSD .
On the graph, we can see how the price moves in an upward local trend.
The price last tested the resistance zone and retreated.
I think that in this case the price will start to fall to the support line.
I set the first target near the support line at the level of 1.11500 and if the price is fixed at this level there is a possibility that the price will go down to the next support level where I set the next target at 1.09300.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
