I suspect price will prefer the path of least resistance and
SHORT GBP/USD on a retest of 100ma, currently at 1.4883, TP at 1.47394, place stops at 1.49124
I suspect price will prefer the path of least resistance and head up to test the 100Ma, currently at 1.4883,. rather than further attempts to breach the layers of support indicated on the chart, without testing the strength of the 10Ma above them first.
I suspect price will prefer the path of least resistance and head up to test the 100Ma, currently at 1.4883,. rather than further attempts to breach the layers of support indicated on the chart, without testing the strength of the 10Ma above them first.