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Tuesday, May 18, 2021

🌐 GBPUSD: rise to edge of market maker's comfort zone continues

🌐 GBPUSD: rise to edge of market maker's comfort zone continues

GBP/USD OANDA:GBPUSD

The nearest resistance for today is the limit seller (1.4191).
✍️ The main scenario for the second working day of the week is the achievement of the mentioned resistance and subsequent corrective decline to the balance of the day (1.4145).
⚠️ In case of breakdown and fixation above the limit seller (1.4191), we expect continuation of rally to the market maker loss level (1.4230).
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