0603 NFP P1 GBPUSD meeting a level that could stop rising

2020-03-06 11:49:22

GBPUSD found its support from the green dash line this week.
It now facing a possible reflection point on the downtrend channel.But this is still waiting for signals to confirm. The red line level includes lots of price position that not seems easy to breakthrough right now. Price would drop down more if it was rejected from this level.

NFP coming this Friday again.
Another month.
Good luck on this data.
LESS IS MORE!