GBP/USD is Targeting Lower Zones

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

The GBP/USD has formed a diving board pattern. We should see the market moving down.

Some of the setups from during the Tokyo session, like this one. 1.3910-26 is the POC zone where the market rejected. Now we should see a continuation move down to 1.3840. Break of that level will target 1.3770. Below 1.3770 we should see 1.3722. Watch for it.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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