Lingrid

GBPUSD bounced off strong RESISTANCE zone. Next - FALL

Short
FX:GBPUSD   British Pound / U.S. Dollar
At the beginning of this week, the price approached the strong resistance zone 1.393. This zone is made up of two strong lines. April 2020 and September 2018! Therefore, it is not surprising that, having touched this zone, the price eventually pushed off and began to fall.

This touch and reversal is also part of a long-term uptrend that price has followed since March 2020. But despite the general upward trend, now I expect the price to return from the resistance zone to the support line 1.376. This will be our goal.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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