The short limit I gave yesterday (tradingview.com/chart/GBPUSD/RtVtkwYW-24102023-GBPUSD/) worked to perfection as GBPUSD crashed from double resistance all the way down to the support zone, over 130 pips.
This, at the same time, DXY went from support below to resistance above.
What I am giving today would, I say, be a countertrend move given yesterday's bearish selling. But GBPUSD at support. Looking for a possible retest of lows, failed false break down and a pullback for today, with 1.2220 and 1.2248 as targets.
This, at the same time, DXY went from support below to resistance above.
What I am giving today would, I say, be a countertrend move given yesterday's bearish selling. But GBPUSD at support. Looking for a possible retest of lows, failed false break down and a pullback for today, with 1.2220 and 1.2248 as targets.
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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.
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.