GBP/USD falling inside minor
Next sell target – 1.2350
GBP/USD continues to fall inside the minor c-wave which started earlier from the resistance zone lying between the pivotal resistance level 1.2720 (which also stopped the previous impulse wave 3), upper daily Bollinger Band and the 50% Fibonacci correction level of the previous sharp downward impulse from September. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Evening Star.
GBP/USD is expected to fall further to the next sell target at the support level 1.2350 (which stopped the B-wave of the active primary ABC correction 4 from October).
Next sell target – 1.2350
GBP/USD continues to fall inside the minor c-wave which started earlier from the resistance zone lying between the pivotal resistance level 1.2720 (which also stopped the previous impulse wave 3), upper daily Bollinger Band and the 50% Fibonacci correction level of the previous sharp downward impulse from September. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Evening Star.
GBP/USD is expected to fall further to the next sell target at the support level 1.2350 (which stopped the B-wave of the active primary ABC correction 4 from October).
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.
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.