One can apply various methods of analysis and have different outcomes, below are some price zones as a guide and all are probable targets.
Prices do not move in a straight line therefore it could be a few hour/days/weeks or months to get to these price zones.
GBPUSD is in an uptrend and depending on how one looks at the price, upside resistance as follows:
PZ 1=13200-13350 (point D) then price could consolidation lower
Exceeding or consolidation at PZ1 then price will extend to the next zone:
PZ 2= 13638-13855 (point D) price could consolidate lower
Exceeding or consolidation at PZ1 then price will extend to the next zone:
PZ 3= 14365-14400 (point D)
Prices do not move in a straight line therefore it could be a few hour/days/weeks or months to get to these price zones.
GBPUSD is in an uptrend and depending on how one looks at the price, upside resistance as follows:
PZ 1=13200-13350 (point D) then price could consolidation lower
Exceeding or consolidation at PZ1 then price will extend to the next zone:
PZ 2= 13638-13855 (point D) price could consolidate lower
Exceeding or consolidation at PZ1 then price will extend to the next zone:
PZ 3= 14365-14400 (point D)
