GBPUSD: Where are We Going?

15 Feb 2021

GBPUSD keeps pushing.
The price managed to set a new high on a daily.

Where is the next strong resistance from where a bearish swing move may start?
Pay attention to 1.43-1.44 resistance area.

It is a very important high of 2018.
It looks like it is the main goal for market makers right now.

The closest support to buy from 1.34-1.35 zone.

For now the price is trading perfectly between them.
For that reason, making long term trading decision is very risky on GU.
Let it reach the safe trading zone and only then make trading decisions

16 Feb 2021

Catatan

Check my new idea on EURJPY: