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FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

TST as the Foundation for Medium-term Trading

The situation with GBP/USD looks a bit different here, with similar levels, no mandatory zone, and an opening at the upper boundary. However, the level of yesterday's mandatory zone has been reached, so there is no reason to dwell on the 1.3120 zone anymore. Therefore, a move towards 1.3000 seems quite probable for today. It is possible to expect the beginning of an upward movement from below 1.3000, preferably a corrective one, based on the update of the early November minimum.

TST as the Foundation for Medium-term Trading

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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