GBPUSD wait for dump after pressure of sell near resistances

May 31, 2021

We explained all the reason that market will react to these strong resistance zone and the red line above this resistance zone is weekly resistance , and these resistances can dump price hard but for now we are looking for targets like :

Targets and support ahead :
A. 1.4125
B. 1.4070
C. 1.4000(possible with some condition)

Notice : as we said if all resistance break then we are looking for 1.4300 as new high on chart .

DISCLAIMER: ((trade based on your own decision ))
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May 31, 2021

Note

same scenario is happening for EURUSD :

and DXY strength

Jun 1, 2021

Note

Strong resistance of 1.4240 touched take look at chart