GBPUSD PRICE LEVEL NOW AT FRESH SUPPORT ZONE ..WAITING FOR PRICE CONFIRMATION...TRENDLINE BREAKOUT AND GO LONG...
BE PATIENCE.....PRICE ACTION SPEAKS..
GBPUSD price now in resistacne zone what we can except...
1) RED
Price can Make a little correction moves downwards upto 1.31200 and then it can move upwards
Wait for Price Confirmation @ 1.31200 and then GO LONG...
Take Profit @ 1.32600
2) BLUE
Price move to new support level Where it will meet upwards trendline @ 1.29950 - 1.300000
...
The pair has formed a rising broadening wedge pattern on daily basis, where yesterday, the prices turned from the lower trendline of the pattern, rebounding from the crucial support of 1.20200, creating a double bottom. The prices can reach the level of 1.22860 with an intermediate target at 1.21606. On the other hand, initial support lies at the 1.20200 and then...
