If GBP/USD manages to stabilize above 1.2500, sellers could start taking profits off the table ahead of the weekend and open the door for an extended correction toward 1.2530 (mid-point of the descending regression channel) and 1.2550 (static level).
On the downside, 1.2465 (lower limit of the descending channel) aligns as immediate support before 1.2445 (multi-month low set on September 7) and 1.2420 (static level from June).
GBPUSD BUY TARGET FROM 1.24626 TO 1.35000
On the downside, 1.2465 (lower limit of the descending channel) aligns as immediate support before 1.2445 (multi-month low set on September 7) and 1.2420 (static level from June).
GBPUSD BUY TARGET FROM 1.24626 TO 1.35000
Comment:
It's Weekly Target So Wait And See.
Comment:
Target Is Close To Hit
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Need Your Big Big Support.
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Running In Profit.
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Weekly Chart Trade Carefully