GBPUSD: Retested Previous Support | Buy Opportunity
Hello Friends, Welcome to the technical analysis on GBPUSD. Based on my technical analysis , I think, We might get a good opportunity here. We've all seen price started to pullback from 1.33584 & keep on dropping. Now it is trading near a good support area, which probably would take the price up higher. I have used Fib Extension tool to find the pullback and target level. Plus, I'm seeing a lot weakness at previous supply level as well.
Thank you for your support. Please follow & like if you find this idea useful.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Thank you for your support. Please follow & like if you find this idea useful.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.