GBPUSD - RESIDING IN A FORMAL BEARISH PENNANT (DAILY)
1.4420 SEEMS TO BE A STRONG BARRIER (LOWER HIGH) POINT OF RESISTANCE.
1:2.3 RISK REWARD WITH A TARGET AT THE WEEKLY AREA OF SUPPORT 1.4260.
A BREAK OF 1.4260 WILL LEAD THE PAIR RELATIVELY LOWER TO 1.4200.
HAPPY TRADING!
1.4420 SEEMS TO BE A STRONG BARRIER (LOWER HIGH) POINT OF RESISTANCE.
1:2.3 RISK REWARD WITH A TARGET AT THE WEEKLY AREA OF SUPPORT 1.4260.
A BREAK OF 1.4260 WILL LEAD THE PAIR RELATIVELY LOWER TO 1.4200.
HAPPY TRADING!