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GBPUSD Struggles to Break Key Level – Downside Targets Ahead
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GBPUSD Struggles to Break Key Level – Downside Targets Ahead
Over the past two months, GBPUSD has found a very strong resistance zone near 1.3535.
The price has been rejected at this zone several times, the last time being on October 1st.
Although GBPUSD is not yet in a position to move due to the US government shutdown, it is clear that this zone could push the price back down.
Main targets:
1.3405
1.3360
1.3280You may find more details in the chart!
Thank you and Good Luck!
️PS: Please support with a like or comment if you find this analysis useful for your trading day️ -
GBPUSD Struggles to Break Key Level – Downside Targets Ahead
Over the past two months, GBPUSD has found a very strong resistance zone near 1.3535.
The price has been rejected at this zone several times, the last time being on October 1st.
Although GBPUSD is not yet in a position to move due to the US government shutdown, it is clear that this zone could push the price back down.
Main targets:
1.3405
1.3360
1.3280You may find more details in the chart!
Thank you and Good Luck!️PS: Please support with a like or comment if you find this analysis useful for your trading day️
Targes reached:)
