GBPUSD Analysis: ON FIRE...

2020-02-29 20:55:40

Hope everyone get benefits of FRIDAY's candle. Persoanlly, im glad to because for 3rd week in raw my analysis was 100% correct ;).
https://www.tradingview.com/chart/GBPUSD/ufTHlcFz-GBPUSD-Analysis-Don-t-get-lost/,

The candle broke all the support levels to reach the Fibo 0.5 exactly, then bounce up last few hours before the closure.
However, I expect the price will go up it may exceed the upper trend line to make another false breakout before it falls all the way down to 1.2725 again. it will good to keep your eyes on level 1.2900 its possible to fall down from that point too to reach 1.2550
Wish you all good luck

It will be appreciated to get your comments exchanging ideas for everyone's benefit.

I will be glad to join my new free channel get analysis and recommendations.
https://t.me/forexfactor20

Disclaimer
Doing your own analysis are always highly recommended