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Hello Traders,
IMHO here are the key support and resistance areas on GBP/USD Daily. The areas marked in red represent key resistance, while the areas marked in green represent key support. Each key support or resistance area should be between 50 and 100 pips. We want each area to capture as much price action as possible, including previous price history (green and red arrows).
Please note that there is no Upside-Down-V-Shape at the top resistance area. However, as this is the highest price area …
IMHO here are the key support and resistance areas on GBP/USD Daily. The areas marked in red represent key resistance, while the areas marked in green represent key support. Each key support or resistance area should be between 50 and 100 pips. We want each area to capture as much price action as possible, including previous price history (green and red arrows).
Please note that there is no Upside-Down-V-Shape at the top resistance area. However, as this is the highest price area …