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Thursday, May 27, 2021

πŸ’  GBPUSD: have consolidated below balance of week, what next?

πŸ’  GBPUSD: have consolidated below balance of week, what next?

GBP/USD OANDA:GBPUSD

πŸ”₯ The limit buyer indicated in yesterday's review (1.4113) has been reached over the past trading day.
♻️ In case of stoppage of growth near the limit seller (1.4148) and the subsequent formation of a pattern for sale, we expect decrease to the current limit buyer (1.4092).
In case of breakdown and fixation below, we expect decline towards medium-term target,- marketmaker's loss (1.3980).
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