RLinda ! GBPUSD-> Continuation of the fall from resistance
GBPUSD on the high timeframe breaks through strong support and begins to decline, thereby renewing the local minimums. What to expect next?
On the chart I have marked a downtrend, the price is testing the support zone and GBPUSD is strengthening. I assume that the price is headed towards the target of 1.20289 (volume density zone). This liquidity zone can be tested by a false breakdown, and the price should enter the resistance zone, from where the pound can continue its fall.
I assume that in the nearest future the price will enter the resistance zone, but will not be able to break through the resistance. I expect the decline from the level of 1.20289. Short-term target - support 1.19400, medium-term target - support 1.1878.
Regards, R.Linda!
On the chart I have marked a downtrend, the price is testing the support zone and GBPUSD is strengthening. I assume that the price is headed towards the target of 1.20289 (volume density zone). This liquidity zone can be tested by a false breakdown, and the price should enter the resistance zone, from where the pound can continue its fall.
I assume that in the nearest future the price will enter the resistance zone, but will not be able to break through the resistance. I expect the decline from the level of 1.20289. Short-term target - support 1.19400, medium-term target - support 1.1878.
Regards, R.Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.