Elijahenoch7

GBPUSD - Time For Pounds to Continue it's Bullish Moves?

Lång
Elijahenoch7 Uppdaterad   
OANDA:GBPUSD   Brittiska pund/Amerikanska dollar
GBPUSD

Since 14th of July, Gbpusd has been retracing on daily and lower time frames.

Now it has reached a discount price level on daily.

Filled the Fair Value Gap as well.

Now, it's bouncing off the daily breaker which is an old high which is currently serving as support for price.

Will price reverse from here and continue going higher?

Or will price drop deeper?

My View: I expect price to reverse from here to continue the bullish move.

What is your view?

Drop your comments
Kommentera:
Price has given me a bullish shift in market structure, confirming my daily bullish bias and discount price levels at old high.

Now i will wait for a pull back to discount levels and fvg on 1hr before i take my entry.

Look at the chart below for graphical representation

Kommentera:
Pound moving as predicted by me.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.