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najibmad
4 oct. 2021 00:50

GBPUSD Week of:4th oct 2021 Long

British Pound/U.S. DollarFXCM

Description

The price couldnt brake the 1.34 support. But the GBP gathered enough liquidity at this support.
In the same time, USD got to its all time high since 21Th sep 2020 and a correction is on its way.

That being said the price will go up to 1.366 then the small traders would TP so the price would correct until the trendline level and the 1.36 support. Then fireup as the bearish trend would be broken.
Plus