Friends,
GBPUSD price tested 1.38500 resistance area twice in 12hours and broke out of the lower bounds of our equidistant channel. It will either find support @1.38229 area and rally up to 1.3900 or break 1.38229 support level for 1.38000.
Am going for a long.
GBPUSD
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end result if adapted by anyone. Trade cautiously as there are chances that you will loss your investment.
GBPUSD price tested 1.38500 resistance area twice in 12hours and broke out of the lower bounds of our equidistant channel. It will either find support @1.38229 area and rally up to 1.3900 or break 1.38229 support level for 1.38000.
Am going for a long.
GBPUSD
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end result if adapted by anyone. Trade cautiously as there are chances that you will loss your investment.
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