GBPUSD Trading Opportunities *HIGHER TIMEFRAME ANALYSIS*
302 views
In my opinion, I believe GBPUSD will sell off from these daily levels at 1.29800. Daily is struggling to break through resistance with 3 separate tests of the price level.
There are multiple daily wick rejections here and I think Cable will now snap and sell off down to the bullish daily trendline I have drawn on the chart.
Key levels to watch:
1.28 previous support, needs to break next
1.25 previous support/resistance zone
Daily bullish trendline .
I think 1.25 could offer good buying opportunities if price reaches that level and holds.
Check out my personal blog page for more technical analysis and free trading education https://diaryofafinancekid.com/blog/
There are multiple daily wick rejections here and I think Cable will now snap and sell off down to the bullish daily trendline I have drawn on the chart.
Key levels to watch:
1.28 previous support, needs to break next
1.25 previous support/resistance zone
Daily bullish trendline .
I think 1.25 could offer good buying opportunities if price reaches that level and holds.
Check out my personal blog page for more technical analysis and free trading education https://diaryofafinancekid.com/blog/
