GBP/USD 1.4750 - Downside Target Projection
GBPUSD CATCHUP!
Hope Everybody had a great Xmas... Quite surprised with certain market
movement especially sterling.
Around a week ago my most recent GBP/USD analysis was published.. A bearish sentiment coupled with a specified target projection at: 1.4750
As long as the price remains below major RES/ former Supp: 1.5000
then there are no specifics to take a long entry.
100 PIPS further (If target is achieved) I will then be stepping back to await P.A to signal a bounce or a break (lower).... maybe to the FIB extension 2.
Happy trading
Hope Everybody had a great Xmas... Quite surprised with certain market
movement especially sterling.
Around a week ago my most recent GBP/USD analysis was published.. A bearish sentiment coupled with a specified target projection at: 1.4750
As long as the price remains below major RES/ former Supp: 1.5000
then there are no specifics to take a long entry.
100 PIPS further (If target is achieved) I will then be stepping back to await P.A to signal a bounce or a break (lower).... maybe to the FIB extension 2.
Happy trading
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.