GBPUSD Potential Buying Opportunity
Hello traders!
I've spotted this buying opportunity here on
GBPUSD which has been seeing upside ever since the October Flash Crash. The 1.25 area marks a clear level of resistance that price finally managed to break out of on December 1st with price accelerating from the 1.254 level. If price can manage to return to that 1.25 area it will likely act as support.
I will be monitoring price action to determine whether or not I will be entering into this position so be sure to follow to get those updates.
Good luck!
I've spotted this buying opportunity here on
GBPUSD which has been seeing upside ever since the October Flash Crash. The 1.25 area marks a clear level of resistance that price finally managed to break out of on December 1st with price accelerating from the 1.254 level. If price can manage to return to that 1.25 area it will likely act as support. I will be monitoring price action to determine whether or not I will be entering into this position so be sure to follow to get those updates.
Good luck!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.