The Gbpusd has broken the confluence of resistance at 1.2410/20 on an intraday basis. We discussed this area over the weekend as one that could give way to higher prices if broken. I also mentioned last week’s bullish engulfing candle, which is the reason I ignored yesterday’s bearish rejection from the 1.2410 handle. It’s a good thing I […]
Related Articles
The post GBPUSD: Daily Close Above 1.2410 to Offer Buying Opportunity appeared first on Daily Price Action.
This post first appeared on Daily Setup Archives | Daily Price Action, please read the originial post: here