GBPUSD was definitely stronger yesterday, as it based at PZ then rallied up (though miss my final target of 1.277) before coming down, re-tested 1.2701 strong level and bouncing off strongly. Much volatility no doubt, though GBPUSD is printing green daily candles still.
Am cautiously bullish for GBPUSD but to err on the safe side, 1.2701 will be a good level to look for longs for the move higher. If not, GBPUSD to break above PZ, then a move up further.
Am cautiously bullish for GBPUSD but to err on the safe side, 1.2701 will be a good level to look for longs for the move higher. If not, GBPUSD to break above PZ, then a move up further.
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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.