I am looking for a move lower for GBPUSD yesterday on rejection off the 1.28 strong level. GBPUSD did close slightly higher but overall GBPUSD is much in a tight range yesterday and GBP is weak. Overall, it is anyone's guess what would be the next direction but regardless, trading based on the levels would work. But I would say that, I am looking for 1.28 to hold as resistance and have a move lower especially on the break of the PZ to possibly re-test Tuesday's low.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.