GBPUSD few days ago entered a support zone and was about to test the low of the year 1.24550. However, it appeared from a bullish perspective that odds of a strong reversal were increasing. Moreover, prices soared on a spike heading the nearest resistance zone.
Possible targets: @1.28140 (+70pips).
Advice: Buy any low points while we don't reach 1.26500 bottom level.
Possible targets: @1.28140 (+70pips).
Advice: Buy any low points while we don't reach 1.26500 bottom level.
Komentarz:
The bottom level @1.26500 was broken, plunging prices at the demand level.
