GBPUSD pair is position for a retest to 1.27225 in the short term.
However, we should expect a bounce of price to the upside and if the price closes above resistance zone @ 1.34175.
Then our next target will be to the upside @ 1.43098.
I am out of the market now until I see a retest of price and bounce to the upside above 1.27225. This will be my confirmation to go long.
Thanks.
However, we should expect a bounce of price to the upside and if the price closes above resistance zone @ 1.34175.
Then our next target will be to the upside @ 1.43098.
I am out of the market now until I see a retest of price and bounce to the upside above 1.27225. This will be my confirmation to go long.
Thanks.