Profit taking on Pound
2019-12-08 09:13:52
Since September this year, many pound pairs have been doing extremely well.
Like GBPUSD, it has went up from the support of 1.20 to current 1.313. There is a daily resistance at 1.3166 as evidenced by the recent candles as well.
Prices are expected to correct next week but how low it will go, let's observe on weekly basis.