GBPUSD

GU has been going sideways for quite sometime now but i expect a clear direction move due to the fact that we having series of major news coming up this week with FOMC on Wednesday and NFP on Friday. With that being said i expect the my technical analysis to align with the fundamentals which means i will be shorting (Sell) GU. Price tested a major resistance around 1.24275 last week and has stayed within the price range of 1.24120 so i expect a rejection of this zone down to the next minor support of 1.22800 which will be my first target (TP) while my second TP will be at 1.21945.
Chart PatternsFundamental AnalysisTechnical Indicators

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Declinazione di responsabilità