๐ท๐ตGBP/USD As I Said
๐ท๐ตThe scenario I wrote about recently has started to materialise:
๐ท๐ตThe direction and support and resistance zones remain unchanged.
๐ท๐ตGiven the momentum that started after the Fed raised interest rates by 50 basis points.
๐ท๐ตA continuation of the price decline looks very likely.
๐ท๐ตWe have already broken through the 50-period moving average and are slowly breaking out of the uptrend channel.
๐ท๐ตLooking at the MACD and RSI, I have no doubts about the strength and validity of the movement I expect.
๐ท๐ตIt may take some time for us to reach the support zone, but knowing that the declines continue much faster than the uptrends, everything may be over within the next weeks.
๐ท๐ตThe scenario remains unchanged. I still expect the declines to continue. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐ท๐ตThe scenario I wrote about recently has started to materialise:
๐ท๐ตThe direction and support and resistance zones remain unchanged.
๐ท๐ตGiven the momentum that started after the Fed raised interest rates by 50 basis points.
๐ท๐ตA continuation of the price decline looks very likely.
๐ท๐ตWe have already broken through the 50-period moving average and are slowly breaking out of the uptrend channel.
๐ท๐ตLooking at the MACD and RSI, I have no doubts about the strength and validity of the movement I expect.
๐ท๐ตIt may take some time for us to reach the support zone, but knowing that the declines continue much faster than the uptrends, everything may be over within the next weeks.
๐ท๐ตThe scenario remains unchanged. I still expect the declines to continue. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
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๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ