Yesterday's levels (www.tradingview.com/...rZa-21082023-GBPUSD/) worked well, with confluence with EURUSD.
EURUSD held the PZ while GBPUSD was weaker but eventually the level I gave 1.2714 worked perfectly for a move to 1.2760, though less than the 1.2776 resistance.
What's for today? Yesterday's move was labored but eventually price moved higher and it is now above the WBZ. EURUSD price action was somewhat bullish yesterday too thus this confluence makes me more bullish.
Plan for today: as long as GU 1.2738 holds with EU 1.0892, good for a move to 1.2780 and 1.2812. That should correspond with EU 1.0936 where strong resistance expected and thus a pullback is likely.
EURUSD held the PZ while GBPUSD was weaker but eventually the level I gave 1.2714 worked perfectly for a move to 1.2760, though less than the 1.2776 resistance.
What's for today? Yesterday's move was labored but eventually price moved higher and it is now above the WBZ. EURUSD price action was somewhat bullish yesterday too thus this confluence makes me more bullish.
Plan for today: as long as GU 1.2738 holds with EU 1.0892, good for a move to 1.2780 and 1.2812. That should correspond with EU 1.0936 where strong resistance expected and thus a pullback is likely.
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