GBPUSD support
This week we saw a new rise in GBPUSD and reaching 1.3866.
It is currently in the support zone 1.3794-1.3750. As with repulsion from the zone, a new rise can be expected, to 1.3900.
A reversing candle or a break of the correction is sought for entry.
The stop options are under the previous support, where the model breaks down or as close as possible under the turning candle.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
It is currently in the support zone 1.3794-1.3750. As with repulsion from the zone, a new rise can be expected, to 1.3900.
A reversing candle or a break of the correction is sought for entry.
The stop options are under the previous support, where the model breaks down or as close as possible under the turning candle.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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