What's next for the Cable?
GBPUSD crashed last week from the 1.3 resistance zone (weekly structure and bottom of a trading channel).
The pair is moving towards 1.26, which is the next major weekly support zone and a potential Buy Zone.
A potential swing trading opportunity is shown
Read more about GBPUSD analysis and more trading ideas in this week's newsletter (FOMC week)
#WeeklyMarketsAnalysis on Twitter
The pair is moving towards 1.26, which is the next major weekly support zone and a potential Buy Zone.
A potential swing trading opportunity is shown
Read more about GBPUSD analysis and more trading ideas in this week's newsletter (FOMC week)
#WeeklyMarketsAnalysis on Twitter
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Approaching target zone: