Further Advance
Our Pivot: 1.2300
Our Preference: Buy GBPUSD as long as its trading above 1.2325 with strict stop loss of 1.2300 and profit target at 1.2370 and 1.2400.
Alternate Scenario: Downward penetration of 1.2300 will call for 1.2265 and 1.2245.
NOTE: GBP is moving in a bullish price channel towards its double top and hourly momentum indicators are inching up.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.