GBPUSD
GBPUSD rose and reached the range 1.13025 - 1.13502 after successfully breaking out yesterday. Today most likely the Cable will make a minimum price correction to support 1.13025 or to 1.12520 before continuing its rise to resistance 1.14139 while waiting for the MA20 to make a golden cross with its MA100 and confirm the full uptrend.
Possible to take
Doing BUY on this pair does not get a good RR.
R3 1.14139
R2 1.13695
R1 1.13502
PV 1.13025
S1 1.12520
S2 1.12016
S3 1.10793
GBPUSD rose and reached the range 1.13025 - 1.13502 after successfully breaking out yesterday. Today most likely the Cable will make a minimum price correction to support 1.13025 or to 1.12520 before continuing its rise to resistance 1.14139 while waiting for the MA20 to make a golden cross with its MA100 and confirm the full uptrend.
Possible to take
Doing BUY on this pair does not get a good RR.
R3 1.14139
R2 1.13695
R1 1.13502
PV 1.13025
S1 1.12520
S2 1.12016
S3 1.10793
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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.
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.