A short forecast on the British Pound
Price on 3 month time frame has hit trend line 3rd touch, and according to my methodology? 3rd touches does and has a lot of impacts if and when all technical tools and fundamentals are supporting or in confluence with the trend line's trend!
If
GBPUSD
keeps the bearish momentum? We might see price bleed to 2022's low and probably a break of the lase support (Blue Bar), when that happens? Traders and Institution, price would bleed to 0.67375 or to be fair and smooth? 0.70000
NOTE: All these predictions would be possible as long as price keeps respecting and trending the major descending trend line in caption! A break or counter of TL? This analysis would be in jeopardy!
@alexraphael00
FOREX CRUISERS
Price on 3 month time frame has hit trend line 3rd touch, and according to my methodology? 3rd touches does and has a lot of impacts if and when all technical tools and fundamentals are supporting or in confluence with the trend line's trend!
If
GBPUSD
keeps the bearish momentum? We might see price bleed to 2022's low and probably a break of the lase support (Blue Bar), when that happens? Traders and Institution, price would bleed to 0.67375 or to be fair and smooth? 0.70000 NOTE: All these predictions would be possible as long as price keeps respecting and trending the major descending trend line in caption! A break or counter of TL? This analysis would be in jeopardy!
@alexraphael00
FOREX CRUISERS
