GBP USD update
Last posted scenario didn't play out as expected, so here's an update with monthly zones on GBP USD. Two charts, one daily, one 1 hour chart, please see the charts for more info.
Look to sell in strong resistance zone, which lower boundry is 2036. This also has confluence with the butterfly shape leg extension and MM line. Lets see if this scenario actually starts to play out now.
Monthly zones are as follows.
| 1.8895 |
| 1.9128 |
| |
| 1.9360 |
| 1.9432 |
| |
| 2.0041 |
| 2.0113 |
| |
| 2.0346 |
| 2.0578 |