Forecast for Week 14 2020 for GBPUSD (Short Position ) Short

British Pound/U.S. DollarFXCM

Description

⋅ Apr 5, 2020 2:06 PM

Note the resistance level has been broken in a down trend region.
Possibly next three main resistance levels to be approched for the following week.

Comments

transparent-fx

⋅ Apr 5, 2020 2:19 PM

here is what I will be looking at and monitoring on GU

JoseE.Morales

⋅ Apr 5, 2020 6:30 PM

@transparent-fx, I agree that the resistance zone around 1.2000 is critical zone for price going lower if broken (or higher if price fails to break it ).