As we can see, we have reached the 156-157 resistance area, probably will see some selling force.
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we can see the price had made a clear three tops pattern and I see buyers taking their profits on the volume preparing for some bearish moves, now we can sell at 156.200 - 156.100 targetings 153.750 - 153.286 area waiting to see some buyers on the supporting area.
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we can see the price had made a clear three tops pattern and I see buyers taking their profits on the volume preparing for some bearish moves, now we can sell at 156.200 - 156.100 targetings 153.750 - 153.286 area waiting to see some buyers on the supporting area.
Trade closed: target reached
As I expected we have reached our target Monetary Policy Report Press Conference, 4 November 2021 gives bearish signs for GBP. now we will see some sell force going to 147 - 149 levels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.