volfixtrader
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Hello everybody.
I call attention to my EUR/GBP forecast. An interesting picture on USD / GBP.
Weekly time frame downtrend. But there is a probability of a rebound from the level of 1,511. In case of its breakthrough price could drop to 1,493.
On the daily time frame, we see that on 4 May, it was a strong accumulation of the volume, which was the fuel for the growth of the price.
Now again we are approaching this volume.
I don't recommend to enter immediately upon reaching level. It's high probability of breakdown. It's necessary to wait for re-accumulation volume. Then you can look for the entrance to the buying.
Good luck!
I call attention to my EUR/GBP forecast. An interesting picture on USD / GBP.
Weekly time frame downtrend. But there is a probability of a rebound from the level of 1,511. In case of its breakthrough price could drop to 1,493.
On the daily time frame, we see that on 4 May, it was a strong accumulation of the volume, which was the fuel for the growth of the price.
Now again we are approaching this volume.
I don't recommend to enter immediately upon reaching level. It's high probability of breakdown. It's necessary to wait for re-accumulation volume. Then you can look for the entrance to the buying.
Good luck!
