Hi traders
Wishes for the new trading week,
Pound against dollar, shown the tremendous upside buying opportunity last week, price area of 1.2700 shows some resistance at the end of Friday session,
This week the pair may come down to retrace 1.26 area and may go up , if the current resistance shows resilient,
lets wait for the price action this week, all the best
Note-
Analysis based on Pure technical point of view for education purpose, markets are prone to change against predictions
Wishes for the new trading week,
Pound against dollar, shown the tremendous upside buying opportunity last week, price area of 1.2700 shows some resistance at the end of Friday session,
This week the pair may come down to retrace 1.26 area and may go up , if the current resistance shows resilient,
lets wait for the price action this week, all the best
Note-
Analysis based on Pure technical point of view for education purpose, markets are prone to change against predictions