GBPUSD exited an important falling channelHello Traders!
GBPUSD exited an important falling channel .
And as you can see on the chart, the price has formed a new growing channel
Now the price is moving to three (!) Support lines and a support level 1.257.
This is a good opportunity to open a long with a target to the resistance line near the resistance level of 1.2777
Forextimes
GBPNZD at strong resistanceHello Traders
The price hit very strong resistance level of 2.00
As you can see on the D1 timefire, the level was tested more than once and showed its importance very well + the level is round (2.00)
I expect a fall from this level to the support level of 1.9588 and after a small rollback, the price will continue to fall.
My past forecast for this level
USDCHF will soon be at strong resistanceHello Traders!
USDCHF could not break the support line and the price is moving towards resistance level 1.0.
I expect a fall from this level, or at least a correction to the support line.
Reasons for sales.
1) The trend remains falling
2) Round level (1.0)
3) Resistance line
4) Strong resistance level.