Views on GBP/USD (23/03/18)

in #trading7 years ago (edited)

GBP/USD 1D

The price is currently at resistance level, we can expect a reverse in direction back down to 1.392 level as the price failed to break above and close above the resistance despite good numbers from GBP yesterday. We can also see a strong rejection action from the market shown by the long upper wick of yesterday's candle.

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