GBPUSD. Projection for next week. Posibility for LONG positions.
Hello everyone!
Last week GBPUSD rejected 1.22600 and started to move in an upwards channel. Friday the price break through descendent trend line and my projection is that price may go up to 1.24400 and aiming for 1.26400 but only after we see another swing low and also price rejection from new uptrend trendline.
I am posting scenarios which include sell opportunities as I see them.
Nothing is 100% accurate and neither my analysis. Trade your own thoughts!
I hope you can take profits from my analysis!
Thank you for reading and don`t forget to give a like or a comment!
Last week GBPUSD rejected 1.22600 and started to move in an upwards channel. Friday the price break through descendent trend line and my projection is that price may go up to 1.24400 and aiming for 1.26400 but only after we see another swing low and also price rejection from new uptrend trendline.
I am posting scenarios which include sell opportunities as I see them.
Nothing is 100% accurate and neither my analysis. Trade your own thoughts!
I hope you can take profits from my analysis!
Thank you for reading and don`t forget to give a like or a comment!