RLinda

GBPUSD ! Price in range. Pullback from the upper border

Singkat
FX:GBPUSD   Paun British / Dolar A.S.
GBPUSD, after a strong fall, enters the phase of a sideways range - the accumulation of energy for further movement. From the opening of the session, the currency pair makes a strong move, which completely wastes the daily ATR. The price after the breakdown of the level of 1.2485 rises to resistance - the upper limit of the range - 1.2595.

I suppose testing the resistance with a false breakout followed by a price rollback to the nearest level of 1.2485.

Sincerely. R. Linda!

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