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Mihai_Iacob

GbpUsd in pandemic low, correction could follow

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Mihai_Iacob  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade signals signalservice signalsprovider forexsignals
30
15
trendanalysis chartpattern indicator gbpusd gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade signals signalservice signalsprovider forexsignals
The month of August was a very bad one for GbpUsd and, after 2 attempts to stay above 1.2, the pair fell hard around 700 pips.
Now GbpUsd is trading exactly in the " pandemic" low around 1.15 and this zone should provide strong support.
I expect a correction from this pair and 1.18 zone is my target
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