One of two things will happen
One of two things will happen to GBPUSD:
1. GBPUSD will find resistance at around 1.31030/1.30821(highlighted area) and maintain bullish momentum until it breaks the counter-trendline. Anything after the trendline break is history.
2. GBPUSD will break below 1.31030/1.30821(highlighted area) and maintain bearish momentum until it reaches the 1.28669/1.28491 price range. GBPUSD is likely to find support at this level because it's been holding as support quite well.
NFP on Friday!
ANYTHING CAN HAPPEN
Follow me!
1. GBPUSD will find resistance at around 1.31030/1.30821(highlighted area) and maintain bullish momentum until it breaks the counter-trendline. Anything after the trendline break is history.
2. GBPUSD will break below 1.31030/1.30821(highlighted area) and maintain bearish momentum until it reaches the 1.28669/1.28491 price range. GBPUSD is likely to find support at this level because it's been holding as support quite well.
NFP on Friday!
ANYTHING CAN HAPPEN
Follow me!
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