Reaching important key levels

FX:GBPUSD   British Pound / U.S. Dollar
55 1 4
GBPUSD             is close again to important key level. As you can see previous support becomes resistance

So here there are 2 scenarios:
1. The pair could bounce again from that level and will go down
2. I could break it, then bounce back to it and continue up

I can't say what is more likely to happen, but we need to watch out for this levels

Related Ideas

Nice levels, I agree with you
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out