Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPUSD. GBPUSD is exactly Moving according our analysis as we predicted. Here this is at a strong support level. And after breaking this Fib level 0.38 we can see gain upto 200Pips+. That is the gold zone and strongest resistance level.
When market will open we will...
Price is approaching our first support (100% Fibonacci extension,61.8% Fibonacci retracement, Horizontal swing low support) where a strong bounce might occur pushing the price up to our major resistance (Horizontal pullback resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). Stochastics also showing support. Trading CFDs on margin carries high...
