GBPUSD Possible Long Opportunity
Paying close attention to the 1.29 psychological level, the pair recently formed a double-bottom around that area.
After a Nice 50 Pip drop from 1.29 as resistance, price has returned to that level and is showing a bullish market structure.
If price rallies from 1.29, that level will now serve as support and potentially see a move to 1.30
After a Nice 50 Pip drop from 1.29 as resistance, price has returned to that level and is showing a bullish market structure.
If price rallies from 1.29, that level will now serve as support and potentially see a move to 1.30