GBPZAR at Clear Resistance Zone - Will Sellers Step In?

19 ก.พ.

GBPZAR has reached a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control.

The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 23.1620 level, which represents a logical target within the current market structure.

This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure.

19 ก.พ.

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24 ก.พ.

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