A Great Lesson on our GBPUSD Chart...

Here we have our GBPUSD chart.

Recently, we have seen price fall right down to the key support levels as labelled. As we know very well, History repeats itself in the market because price points hold memory.

We have seen the predicted push up to our target and now we are looking for a dip back..

Remember, nothing moves in a straight line forever, there has got to be pullbacks inevitably. Again, this is because price has memory.

We are now looking for the price direction as shown as price moves higher towards our key MA's.