hello friends as i can see technically GBP is failed to break a strong resistance level and continuing drop from that level i am expected that it will drop more till these given levels
kindly friends share ur thoughts in this pair via comment section
stay tuned for more updates
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Before anything else, I would like to make it clear that I would first like to see a pattern completion/confirmation of either the Double Top or the Head & Shoulders before entering short trades.
At the moment, price has reached former resistance area and this can be treated either as the 2nd top or the Right Shoulder. Minimum targets of each, wherever you like...
