GBPUSD
MN - The price rebounded from the level of 1.31415 - the nearest target is 1.23057.
W1 – After breaking through the level of 1.23057, you can expect a correction to the level of 1.27577, then the price may continue to move in an upward trend, or change the direction of the trend from the level of 1.27577.
What can you expect?
If the upward trend continues, the target can be set at 1.37454.
In case of a trend reversal, we can expect a fall to the level of 1.14965.
Long
Targets – 1.27577 – 1.31415 – 1.37454.
Long-term perspective – targets 1.24700 – 1.26250 – 1.27577.
Short
Targets – 1.25360 – 1.23057 – 1.20402.
Long-term perspective – targets 1.23057 – 1.19170 – 1.14965.
MN - The price rebounded from the level of 1.31415 - the nearest target is 1.23057.
W1 – After breaking through the level of 1.23057, you can expect a correction to the level of 1.27577, then the price may continue to move in an upward trend, or change the direction of the trend from the level of 1.27577.
What can you expect?
If the upward trend continues, the target can be set at 1.37454.
In case of a trend reversal, we can expect a fall to the level of 1.14965.
Long
Targets – 1.27577 – 1.31415 – 1.37454.
Long-term perspective – targets 1.24700 – 1.26250 – 1.27577.
Short
Targets – 1.25360 – 1.23057 – 1.20402.
Long-term perspective – targets 1.23057 – 1.19170 – 1.14965.