Mihai_Iacob

GbpUsd- 1.23 should be strong ceiling. I'm looking to sell

Singkat
OANDA:GBPUSD   Paun British / Dolar A.S.
Like all USD's counterparts, also Gbp has had a nice and strong reversal from the 1.0350 bottom.
However, let's not lose the bigger picture from sight, a 2k pips rise after a 4k pips drop is just a correction and, as I said in EurUsd, fundamentally USD should become strong again and this should also be the case for GbpUsd.

Technically we have a spike up and break above 1.23 back in December(Just GBP being GBP) and after an initial drop, GbpUsd is coming to retest this resistance zone.
This eventual retest could give us a good entry point from R: R perspective if we target the recent low above 1.18
In conclusion, my strategy is to sell rallies around 1.23

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.