Strifor || GBPUSD-07/13/2023
Preferred direction: BUY
Comment: The British pound showed only a small stop at the round level of 1.30000. In our last idea for this trading instrument, we considered the entry point to a long position at this level. However, buyers did not even let us figure out what was happening. The next significant stop is likely to be at the level of 1.31941, this daily level will most likely put the buyer to sleep for a while. We pay special attention to tomorrow. Most likely there will be a fixation of long-positions for the week and this will contribute to a rollback down.
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Comment: The British pound showed only a small stop at the round level of 1.30000. In our last idea for this trading instrument, we considered the entry point to a long position at this level. However, buyers did not even let us figure out what was happening. The next significant stop is likely to be at the level of 1.31941, this daily level will most likely put the buyer to sleep for a while. We pay special attention to tomorrow. Most likely there will be a fixation of long-positions for the week and this will contribute to a rollback down.
Thank you for like and share your views!
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