June was a good month for GbpUsd with the pair rising 500 pips from bottom to the top.
As posted at that time, the nice Pin Bar from support was a good signal for bulls with GbpUsd growing above 1.27 resistance zone and reaching a high at 1.2850
Now the pair is in a much-needed correction and this could offer o good opportunity to join the trend.
That being said, dips under 1.27 should be bought with a target at 1.3 important psychological resistance.
Negation comes with a trice under 1.26
As posted at that time, the nice Pin Bar from support was a good signal for bulls with GbpUsd growing above 1.27 resistance zone and reaching a high at 1.2850
Now the pair is in a much-needed correction and this could offer o good opportunity to join the trend.
That being said, dips under 1.27 should be bought with a target at 1.3 important psychological resistance.
Negation comes with a trice under 1.26
Note
GbpUsd almost reached my target.Is interesting to see if the pair has the power to pass this level
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.