GBP/USD Daily Update (6/8/17) *Bull Be Patience
*Bull Be Patience, Bear be careful
I am Slight Bearish. PA on the weekly is painting a bearish tone.
It shall go down lower abit more as we can see in weekly bearish candle, But I see 1.293 level as a good support level.
To break the level, it will need a lot of bear force to push it down. So, I do not think it is going to be a full-blown downtrend.
But if you want to go long, please be patience for proper action. Let’s the flushing over first.
Level to watch: Support 1.3030, 1.2930, 1.287 and Resistance level 1.310, 1.318, 1.327, 1.317
News: Thursday and Friday
Trade Safe,
s0nic
I am Slight Bearish. PA on the weekly is painting a bearish tone.
It shall go down lower abit more as we can see in weekly bearish candle, But I see 1.293 level as a good support level.
To break the level, it will need a lot of bear force to push it down. So, I do not think it is going to be a full-blown downtrend.
But if you want to go long, please be patience for proper action. Let’s the flushing over first.
Level to watch: Support 1.3030, 1.2930, 1.287 and Resistance level 1.310, 1.318, 1.327, 1.317
News: Thursday and Friday
Trade Safe,
s0nic
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