This post is more for an educational process than a trade setup.
As you can see, we have been able to formulate a general idea of where Cable wants to go in the long term by simply drawing on the key levels/zones.
These are essential to be able to pick reversal points.
GBPUSD has found strong support at 1.2000 and is going to face strong resistance at 1.2800 going forward
As you can see, we have been able to formulate a general idea of where Cable wants to go in the long term by simply drawing on the key levels/zones.
These are essential to be able to pick reversal points.
GBPUSD has found strong support at 1.2000 and is going to face strong resistance at 1.2800 going forward