Range Zone trading has been interesting on the pound dollar.
GBPUSD
From 1.2820 on the daily price action has been retracing on that level and finally gave in as we approach late stages of the month.
1.2590 is a level to watch. Weekly close will gives us all the data. A close above that level would excite bulls to make an approach towards 1.2817.
A close below 1.2590 would suggest otherwise.
Time Off. Time to smell the roses.
Great weekend traders.
GBPUSD
From 1.2820 on the daily price action has been retracing on that level and finally gave in as we approach late stages of the month.
1.2590 is a level to watch. Weekly close will gives us all the data. A close above that level would excite bulls to make an approach towards 1.2817.
A close below 1.2590 would suggest otherwise.
Time Off. Time to smell the roses.
Great weekend traders.