SroshMayi

GBPUSD (SET DOWNSIDE...)

Short
SroshMayi Mis à jour   
FX:GBPUSD   Livre sterling / Dollar américain
GBPUSD:

The price encountered a robust resistance trend and subsequently rebounded.

Should the price remain below 1.2820, it is indicative of a bearish trend with a target set at 1.2692. Further downward movement may lead to the next level at 1.2620.

Conversely, stabilizing above the pivot line at 1.2820 signals the initiation of a bullish trend, with targets set at 1.2944 and 1.3137.

Pivot Price: 1.2819
Support price: 1.2692 & 1.2620 & 1.254
resistance price: 1.2880 & 1.2944 & 1.2985

The movement will be between resistance 1.2880 and support 1.2691

tendency: Downward
Commentaire:
The price has arrived at a long-term support zone and is currently consolidating bullish momentum. Consequently, there is a feasible prospect of the price ascending to 1.2443 once again.

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