GBP/USD May fall 90 -150 pips
Insight - Price is still following the downwards trend line with support now at 1.2202 and resistance at 1.2395. A double top appears to be forming at support, following the downwards trend line on the 15m timeframe, which could indicate further downside.
Intraday - Short
Buy or Above: 1.2202
Target TP: 1.2395 &...
GBP/USD May rise 100-150 pips
Insight -Price moving in a downwards trend, has broken previous support level with price now
below the 23% on the fib, may hit lower support at 1.2763, then test resistance at 1.2847 and go
long then reverse once price is at the golden zone.
Intraday - Buy
Buy or Above: 1.2763
Target TP: 1.2847 & 1.2915
Platinum broke out of the descending channel as indicated by the bullish divergence on the 4h on the MACD
price got stopped at the 0.382 level , next stop upwards form here and once we pass this resistance is the first stop in the golden zone at the 0.5 Fib level as indicated on the chart .