Continue trend, or reverse? 135.000 or 1.28250?
Hello traders, here is my plan for next week!
I wathing two scenenario at the moment, (Bullish, bearish) since gbp/usd and gbp/jpy have been very bullish in the last period, it might not stop here!
But, as you could see, either we break the - 1.32500 or we respect it (1.32500 is a very strong resistance level)
Next target should be 1.32500 before any other move
This week have just been consilation on gbp/jpy - so next week would be a trend!
NEXT TARGET 1.32500!:
(Then, watch and see if it`s a strong move into resistance or a buildup)
(immidiate opinion, is after re test 1.32500 we might drop towards 1.28250)
SCENARIO 1 - RED ARROW
SCENARIO 2 - GREEN ARROW
NOTE!: Just focus on one arrow, or this going too be hell a confusing! ("RED ARROW AND GREEN ARROW")
I wathing two scenenario at the moment, (Bullish, bearish) since gbp/usd and gbp/jpy have been very bullish in the last period, it might not stop here!
But, as you could see, either we break the - 1.32500 or we respect it (1.32500 is a very strong resistance level)
Next target should be 1.32500 before any other move
This week have just been consilation on gbp/jpy - so next week would be a trend!
NEXT TARGET 1.32500!:
(Then, watch and see if it`s a strong move into resistance or a buildup)
(immidiate opinion, is after re test 1.32500 we might drop towards 1.28250)
SCENARIO 1 - RED ARROW
SCENARIO 2 - GREEN ARROW
NOTE!: Just focus on one arrow, or this going too be hell a confusing! ("RED ARROW AND GREEN ARROW")
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