GBPUSD's plan given yesterday (tradingview.com/chart/GBPUSD/vmXydMAa-GBPUSD-27122023/) worked perfectly as market gave the dip (fake down which probably got the bears excited) to the confluence of BZ and PZ before the 100 pips rally to close at the highs. I said 1.2770 will be a magnet and indeed it hit and went beyond
For today, same view - looking for a move higher as price action is bullish, trend is up. 1.2770 will be a low risk level to look for longs to target 1.2836 and 1.2872. 1.2872 is strong resistance; expect a pullback when it hits.
For today, same view - looking for a move higher as price action is bullish, trend is up. 1.2770 will be a low risk level to look for longs to target 1.2836 and 1.2872. 1.2872 is strong resistance; expect a pullback when it hits.
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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.