GBP/USD NEUTRAL, 4HR

7 Nis 2017

GBP USD Consolidating in structure and trend lines, if the price breaks bullish we will be looking to find resistance at 1.2575 and if price breaks bearish we will be looking to find support at 1.2400. Lets wait and see what market decides to do.

8 Nis 2017

İşlem kapandı: hedefe ulaştı

Hi Traders,

As we predicted the market to go either breakout lower or higher on April 7th, Market did in fact broke out to the downside and first target was reached at the first Support Structure and now we can look the market to find support at next level of structure which is 1.2400.

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Happy Trading