GbpUsd failed to stay above the 1.15 pandemic low and after it dropped under this support, the pair literally tumbled with a drop of 1k pips in just a few days.
The Asian open was in 1985 low and I expect this low to offer support for the pair in the coming weeks or even months.
In conclusion, for a swing trader, the 1.04-1.05 zone could be a good place for buying and 1.15 zone could represent the target
The Asian open was in 1985 low and I expect this low to offer support for the pair in the coming weeks or even months.
In conclusion, for a swing trader, the 1.04-1.05 zone could be a good place for buying and 1.15 zone could represent the target
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.