nch

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
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
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