UPDATE: GBPUSD DAILY CHART AS OF AUGUST 23RD 2013
As expected we have seen sellers coming in at Daily supply zone at 1.5700. In last week of August, I am expecting price to retest daily level at 1.5700 one more time before heading down at 1.5500 - 1.5400 zone. Predicted target of 1.5426 is still within average weekly range.
As expected we have seen sellers coming in at Daily supply zone at 1.5700. In last week of August, I am expecting price to retest daily level at 1.5700 one more time before heading down at 1.5500 - 1.5400 zone. Predicted target of 1.5426 is still within average weekly range.