GBP/USD HAS RETURN TO SUPPORT ZONE AFTER FAKE BREAK OUT!!
THIS IS IMPORTENT!!!
GBP/USD HAS RETURN TO SUPPORT ZONE AFTER FAKE BREAK OUT
Yesterday news push the price back to trend line (3 RED LINE).
The green zone is a STRONG SUPPORT ZONE for the TRAND LINE.
The White line is the updated line
Resistance = 1.36988
Support 1 = 1.36677
Support 2 = 1.36404
If the price break the resistance ( white line ) it will go straight up to trend line resistance (upper red line)
If the price continue to fall and break the lower support line (2nd Support white line)
it will continue falling and make a SOLID BREAK OUT!!
GBP/USD HAS RETURN TO SUPPORT ZONE AFTER FAKE BREAK OUT
Yesterday news push the price back to trend line (3 RED LINE).
The green zone is a STRONG SUPPORT ZONE for the TRAND LINE.
The White line is the updated line
Resistance = 1.36988
Support 1 = 1.36677
Support 2 = 1.36404
If the price break the resistance ( white line ) it will go straight up to trend line resistance (upper red line)
If the price continue to fall and break the lower support line (2nd Support white line)
it will continue falling and make a SOLID BREAK OUT!!