GBP/USD: long position at the support level(1h)
So, GPB did not reach the cherished correction from the previous forecast. However, the situation on the market now looks as if the price has a second chance to return to the level retest. Looking at how strong support was formed at the lower border of the price, it is worth paying attention to the numerous pin bars and divergence in the stochastic.
In addition, the correction after such a strong bearish movement did not take place.
All of this together gives me the ability to predict growth in the near term.
The nearest targets for the trade are Fibo levels of 61% and 50%. From the same levels in the future, you can turn into a short.
The previous forecast can be found at the link.
Thank you and good luck!
In addition, the correction after such a strong bearish movement did not take place.
All of this together gives me the ability to predict growth in the near term.
The nearest targets for the trade are Fibo levels of 61% and 50%. From the same levels in the future, you can turn into a short.
The previous forecast can be found at the link.
Thank you and good luck!
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