GBPUSD > What to Expect from The Pound Ahead of The FED!?
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Update of #GBPUSD
Hello friends.
This market has a difficult time closing above 1.3900, and now the market is testing and pushing against the low near 1.3860.
If the market closes below 1.3860 the market might go and test the lows near 1.3800, this will provide a 60 pips range.
My preference and what I want to see is a break and close above structure key level above 1.40 that will provide a much bigger range of nearly 170 pips targeting the previous high to trade with no clear resistance facing you.
The current market conditions, show you that neither buyer nor sellers are in control of this market and I would rather stay and watch from the sideline waiting for my chance to get in
Safe trading everyone
Check today analysis below⠀
>>There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
Jack Schwager – Author of Market Wizards
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
Update of #GBPUSD
Hello friends.
This market has a difficult time closing above 1.3900, and now the market is testing and pushing against the low near 1.3860.
If the market closes below 1.3860 the market might go and test the lows near 1.3800, this will provide a 60 pips range.
My preference and what I want to see is a break and close above structure key level above 1.40 that will provide a much bigger range of nearly 170 pips targeting the previous high to trade with no clear resistance facing you.
The current market conditions, show you that neither buyer nor sellers are in control of this market and I would rather stay and watch from the sideline waiting for my chance to get in
Safe trading everyone
Check today analysis below⠀
>>There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
Jack Schwager – Author of Market Wizards
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
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