GBP/USD May rise 100-150 pips
Insight -Price moving in a downwards trend, has broken previous support level with price now
below the 23% on the fib, may hit lower support at 1.2763, then test resistance at 1.2847 and go
long then reverse once price is at the golden zone.
Intraday - Buy
Trade: Buy
Buy or Above: 1.2763
Target TP: 1.2847 & 1.2915
Pivot and Support 1.2763
Trade: Sell
Sell or Below 1.2763
Target TP: 1.2738 & 1.2722
Insight -Price moving in a downwards trend, has broken previous support level with price now
below the 23% on the fib, may hit lower support at 1.2763, then test resistance at 1.2847 and go
long then reverse once price is at the golden zone.
Intraday - Buy
Trade: Buy
Buy or Above: 1.2763
Target TP: 1.2847 & 1.2915
Pivot and Support 1.2763
Trade: Sell
Sell or Below 1.2763
Target TP: 1.2738 & 1.2722