ARE WE READY FOR NEW LOW ON POUND???

Mar 17, 2020

the third test of a 2016's low on GBPUSD.
it is a crucial moment for the pair and the future direction of the pound closely depends on its reaction.

I admit both scenarios and will be patiently watching market behavior within the underlined area.
taking into consideration current events, everything can happen so be prepared.

I still believe in sterling strength so I am on the bullish side,
but I know a lot of skeptics out there as well!

what is your take on GBPUSD:
will it break or support will be respected?

Mar 18, 2020

Note

now we are trading below the brexit low
let's see where candle will close