Trading Support and Resistance \u2013 EUR/USD, GBP/USD

📆 8/28/2022 12:30 PM
📰 Daily_Forex

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Get the best support and resistance levels in major and minor Forex currency pairs for this week:

the GBP/USD currency pair, as it had acted previously as both support and resistance. Note how these “role reversal” levels can work well. The H1 price chart below shows how

the price rejected this level following Jerome Powell’s hawkish speech near the start of last Friday’s New York session with a large bearish outside candlestick, marked by the down arrow signaling the timing of the bullish bounce. This is typically a great time of day to be entering trades in major Forex currency pairs. This trade has beenbased upon the size of the entry candlestick.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GBP/USD Forecast: Continues to Wait for Jerome PowellWe believe that the British pound is going to find its way down to the $1.15 level. GBP GBPUSD $GBPUSD forex forextrader fx
Source: Daily_Forex - 🏆 567. / 51 Read more »