Will GBPUSD will rise up on the First Quarter of 2019, will might see.., (this is just an idea, market might do beside from what I've think when construct this idea) if this week high where it priced 1.33503 which is reached yesterday, and if today high didn't even seem to pass P/L(price level) of 1.33503, i might just looking forward to short the market. All the best trades ^^/
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Simple Re-cap 1. main resistance 1.33503 2. look structure on smaller timeframe - H4 & H1 3. Prediction of March on downtrend & Prediction of uptrend for April
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Great, GBPUSD entered the 61.8% zone just in a week, that was quick than I thought. this might be another opportunity of uptrend continuation. but bear in mind, short might still valid if the price didn't break up high on that 3rd squared zone (from above)