Trading1to100

GBPUSD NEARING D LEG AND PZ1= 13200-13350 CAUTION!!!

FX:GBPUSD   British Pound / U.S. Dollar
SEE PREVIOUS LINK, GBPUSD has been in a consolidation zone for about 4 weeks it is nearing its 1 st price zone= 13200-13350 and this could potentially complete the D leg,
however there are other price zones higher above where the D leg could complete(see link).
At the moment it is nearing a consolidation/reversal zone, should it correct then the downside will likely be limited to the trendline around 12800
Break below this zone will target 12400-12500 zone however not the preferred price zone at this point.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out