GBPUSD Daily
Supports : 1.32250, 1.31800 & 1.31600
Resistances : 1.32500, 1.32850 , 1.33100 & Target at 1.33600
Cable reached about 600 pips in this straight forward Rally, and now it is anybody’s guess when the 200-250 pips correction might start.
Long term traders might start taking profit at these levels, as possible extra gains are not worth a risk right now.
For us Intraday traders , there isn’t a problem – just follow the small waves 😀
