GBPUSD also came down yesterday but unlike EURUSD, it is less bearish. Price hit the key level perfectly yesterday before rebounding and is holding nicely above the WBZ.
If the plan I gave for EURUSD is to work perfectly, and GBPUSD continue to show its strength, we will be looking at GBPUSD to possibly test first resistance above at 1.2740, before a rejection and a move lower, with 1.2650 then 1.2618 as the targets.
If the plan I gave for EURUSD is to work perfectly, and GBPUSD continue to show its strength, we will be looking at GBPUSD to possibly test first resistance above at 1.2740, before a rejection and a move lower, with 1.2650 then 1.2618 as the targets.
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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.