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GBPUSD Daily Continuous Chart
British Pound / U.S. Dollar
GBPUSD Daily Continuous Chart
By LParnell
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Nov 26, 2023
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Nov 26, 2023
Trading Journal
GBPUSD Daily Continuous Chart
Last week we saw price continued to seek higher prices and take out the equal highs.
My weekly sentiment was wrong and that is ok. I suspected this market was still a bear trend and when I see now its a bull trend.
I suspect that price could retrace to 1.124538 the NWOG from the previous week for a daily range target before continuing to deliver higher prices.
With that logic it seems likely for price to seek the weekly clean highs as a weekly target range 1.28446.
Trend Analysis
LParnell
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