GBP/USD reaches resistance, possibility of a drop?
GBP/USD has reached the 1.40 resistance level on Friday, However, it has not broken
the resistance level so far.
So, there is a possibility of a fall in GBP/USD.
If bearish price action happens in the resistance level, sell GBPUSD@1.3990-1.4005
with SL above the resistance zone and TP at 1.39.
the resistance level so far.
So, there is a possibility of a fall in GBP/USD.
If bearish price action happens in the resistance level, sell GBPUSD@1.3990-1.4005
with SL above the resistance zone and TP at 1.39.