Timonrosso

GBPZAR UPDATE Still on the way to R25.00 to the pound

Long
OANDA:GBPZAR   GBP/ZAR
The charts never lie!
I posted this trade alert in October 2022 with the massive Falling Wedge on the Weekly.
It broke above the R20.35 and it showed the next strong resistance at R25.00.
target will be R25.00.
I called it a long term analysis but changing it to a MEDIUM term analysis because of how quickly it's accelerated.
I guess we can only wait for the target to reach until the next trade alert is given.
Poor Sout Africa and those holding rands (Including myself).

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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