GBP/USD Potential Buy Resistance Becomes Support
Hello traders!
GBP/USD broke a previously established resistance zone which has now become support.
If we see a candlestick breakout above the zone and see a rejection this is a quick buy opportunity.
Another confirmation would be a break of the trendline.
Entry: 1.24139
TP: 1.24661
S/L: 1.23893
*This is not financial advice and any trades taken using this strategy assumes all risk on your end.
GBP/USD broke a previously established resistance zone which has now become support.
If we see a candlestick breakout above the zone and see a rejection this is a quick buy opportunity.
Another confirmation would be a break of the trendline.
Entry: 1.24139
TP: 1.24661
S/L: 1.23893
*This is not financial advice and any trades taken using this strategy assumes all risk on your end.