Intraday Elliottwave Analysis: GBPUSD, 1.3352/12 should be next target
|GBPUSD already reached 1.3421 support level, but failed to have any reaction here.
1.3352/12 is next level to watch.
It formed a small wedge like formation, once upside resolved, ideally will have some upside correction.
I suggest to closing yesterday's long position from 1.3393 at market.
Daily support Levels: 1.3387 1.3365 1.3345 1.3321 1.3312
Daily resistance Levels: 1.3428 1.3454 1.3477 1.3501
Intraday Trade Idea: (spot 1.3421)
①Buy Limit @ 1.3352 SL @ 1.3307 Take Profit @ 1.3428
②Sell Limit @ 1.3505 SL @ 1.3532 Take Profit @ 1.3479
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