GBPUSD continues to trade in a downtrend. Earlier, the channel was broken down and the price rolled back to the resistance of 1.2260, where there was a struggle between market participants. For now, the bear market continues to dominate.
The chart shows that after the bears win, a downward impulse is formed and the price breaks through the local minimum of May 15 at 1.21700 and is currently forming a rollback.
I expect the price to fall from resistance 1.21700, as the trend is down and resistance levels play a more important role than support. Target - liquidity zone under the level of 1.1905
Sincerely, R. Linda!
The chart shows that after the bears win, a downward impulse is formed and the price breaks through the local minimum of May 15 at 1.21700 and is currently forming a rollback.
I expect the price to fall from resistance 1.21700, as the trend is down and resistance levels play a more important role than support. Target - liquidity zone under the level of 1.1905
Sincerely, R. Linda!
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์:
+220 pips. Target reached ๐คฉโ
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๐คฉ
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Youโ๏ธCAN and โ๏ธSHOULD make money in trading!
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๐ดContact:
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๐งฟWeb: rlinda.com
NOโผ๏ธ
Youโ๏ธCAN and โ๏ธSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING๐ต!
๐ขFree Telegram Channel:
t.me/RLindaTrade
๐ดContact:
t.me/RLindaSignals
๐งฟWeb: rlinda.com