25102023 - #GBPUSD
The short limit I gave yesterday (tradingview.com/chart/GBPUSD/RtVtkwYW-24102023-GBPUSD/) worked to perfection as GBPUSD crashed from double resistance all the way down to the support zone, over 130 pips.
This, at the same time, DXY went from support below to resistance above.
What I am giving today would, I say, be a countertrend move given yesterday's bearish selling. But GBPUSD at support. Looking for a possible retest of lows, failed false break down and a pullback for today, with 1.2220 and 1.2248 as targets.
This, at the same time, DXY went from support below to resistance above.
What I am giving today would, I say, be a countertrend move given yesterday's bearish selling. But GBPUSD at support. Looking for a possible retest of lows, failed false break down and a pullback for today, with 1.2220 and 1.2248 as targets.
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