GBP/USD - retest of 1.038 is the question everyone is wondering.
This is not finical advice but simply my idea of what i think will happen over the next 48 hours.
I've used a bigger stop loss than normal just because of how volatile the cable is at the moment and i don't want to get wicked out
Everything is listed below what I used on the chart to come to this conclusion
SMA - 21 white
SMA - 50 blue
SMA - 200 red
session volume profile
engulfing candle
RSI
trend lines - green
horizontal lines - yellow
Good luck!
I've used a bigger stop loss than normal just because of how volatile the cable is at the moment and i don't want to get wicked out
Everything is listed below what I used on the chart to come to this conclusion
SMA - 21 white
SMA - 50 blue
SMA - 200 red
session volume profile
engulfing candle
RSI
trend lines - green
horizontal lines - yellow
Good luck!
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