GBPUSD again touch strong resistance

12 Mar 2021

previous analysis on GU reached target :

and here is update that what we expect now from market

Red path :
GU created new local trendline that is green trendline and we expect the market break that and fall all the way to reach our targets that is near strong support area and purple trendline that is daily trendline on GU
Targets:
A.1.3880
B.1.3850(+120--150 pips )

Green path :
if and if the trendline still remains valid and GU has the power to break resistance after retest we would expect rise all way to uptrend Target that is 1.4110 (+110 pips )

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12 Mar 2021

İşlem kapandı: hedefe ulaştı

+110 pips