Cable Update : Trend-0.37
Good Morning,
GBP/USD .... 1.26876 , Cable's yesterday rebound from 1.26160 suggests a double bottom is in place using 03.08.2023 low 1.26199. However, the data i have in my hands shows a different picture. I have now Support Box in place which is dated for 17.08.2023 with the range between 1.25670 <> 1.25340.
i have also marked on my chart Key Resistance : 1.28180 that should hold until 17.08.2023.
Technical Analysis :: Trend-0.37
Trend Direction : Short
Date : 27.07.2023
Price : 1.29951
Expected Change : 17.08.2023
Support Box : 1.25670 / 1.25340
Bella's Blue ( Beta v1.8 )
Good Morning,
GBP/USD .... 1.26876 , Cable's yesterday rebound from 1.26160 suggests a double bottom is in place using 03.08.2023 low 1.26199. However, the data i have in my hands shows a different picture. I have now Support Box in place which is dated for 17.08.2023 with the range between 1.25670 <> 1.25340.
i have also marked on my chart Key Resistance : 1.28180 that should hold until 17.08.2023.
Technical Analysis :: Trend-0.37
Trend Direction : Short
Date : 27.07.2023
Price : 1.29951
Expected Change : 17.08.2023
Support Box : 1.25670 / 1.25340
Bella's Blue ( Beta v1.8 )
Goddess of Thunder..
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