Trading1to100

GBPUSD NEARING D LEG AND PZ1= 13200-13350 CAUTION!!!

FX:GBPUSD   Paun British / Dolar A.S.
SEE PREVIOUS LINK, GBPUSD has been in a consolidation zone for about 4 weeks it is nearing its 1 st price zone= 13200-13350 and this could potentially complete the D leg,
however there are other price zones higher above where the D leg could complete(see link).
At the moment it is nearing a consolidation/reversal zone, should it correct then the downside will likely be limited to the trendline around 12800
Break below this zone will target 12400-12500 zone however not the preferred price zone at this point.
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.