Similar to EURUSD, GBPUSD came down first before the huge rally. As mentioned on Friday, GBPUSD was much stronger than EURUSD and it could be shown from the move on Friday.
On weekly candle, price action is neutral and daily price action is bullish, and unlike EURUSD, GBPUSD is above its DBZ, trend is up. Looking for further upside for today.
Much support below, thus looking for 1.2686 to hold for a move to 1.2790 and 1.2860.
Overall, looking for a move higher into CPI.
On weekly candle, price action is neutral and daily price action is bullish, and unlike EURUSD, GBPUSD is above its DBZ, trend is up. Looking for further upside for today.
Much support below, thus looking for 1.2686 to hold for a move to 1.2790 and 1.2860.
Overall, looking for a move higher into CPI.
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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.