GBPUSD has been moving is a large slant for a lengthy period of time according to the daily. And a slant with no pullback of any kind means that a drop is coming. The sideways movement we're seeing could be setting up for a major move to the downside, or a temporary climb further up before it comes crashing back down. Time will tell. Here are the TPs.
BEAR TPs:
• 1.36126
• 1.35326
• 1.34493
• 1.33804
BULL TPs:
• 1.37593
• 1.38250
• 1.39098
• 1.39786
BEAR TPs:
• 1.36126
• 1.35326
• 1.34493
• 1.33804
BULL TPs:
• 1.37593
• 1.38250
• 1.39098
• 1.39786
Trade closed: target reached
All BULL TPs were HIT on February 18th during the Tokyo session.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.