Welcome back to forex trading. This time, I want to make it simple and straight-forward. So, I've done a simple analysis on GBPUSD for 1H chart using support and resistant. Resistant of this pair is located at 1.5725 and support at 1.5585 level.
Currently, this pair is heading to support level for a test. So, it's good to short this pair down at 1.5675 and take profits at 1.5585 support level for something around 90 pips. Well, that's enough for my weekly target. We'll see what happen in a few days.
Currently, this pair is heading to support level for a test. So, it's good to short this pair down at 1.5675 and take profits at 1.5585 support level for something around 90 pips. Well, that's enough for my weekly target. We'll see what happen in a few days.
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