GBP/USD Bears seek to target @1.28000
By the End of next week am hoping to see the Current Price Movement, of the pair as follows
the unmitigated orders sitting at 1.28000 handles will be a strong revisiting zone to fulfil pending sell orders. It will be a potential area of demand, where the price might bounce back or consolidate if tested. The first take profit (TP1) will be @ 1.28155, just above the unmitigated orders at 1.28000.
The second take profit (TP2) will be @1.27349, which is likely an extended target following a potential break of the 1.28000 level. This will suggest a bearish view with the price expected to decline to these levels. Other Key Levels My projection shows that the price might drop from its current levels around 1.30683 to test lower zones, with a possible move towards 1.28000 (unmitigated orders). If this level is broken, the chart anticipates a further drop to the second TP around 1.27349.
the unmitigated orders sitting at 1.28000 handles will be a strong revisiting zone to fulfil pending sell orders. It will be a potential area of demand, where the price might bounce back or consolidate if tested. The first take profit (TP1) will be @ 1.28155, just above the unmitigated orders at 1.28000.
The second take profit (TP2) will be @1.27349, which is likely an extended target following a potential break of the 1.28000 level. This will suggest a bearish view with the price expected to decline to these levels. Other Key Levels My projection shows that the price might drop from its current levels around 1.30683 to test lower zones, with a possible move towards 1.28000 (unmitigated orders). If this level is broken, the chart anticipates a further drop to the second TP around 1.27349.
交易進行
1st tp target area @ 1.28155 target hit seeking the 2nd tp @ 1.27349 still bearish on this pair 交易結束：目標達成
2nd tp @ 1.27349 reached now I can close this trade 
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