GBPUSD confidently continues bullish trend after 1-week consolidation. But further the price meets resistance from D1 from which, due to the volume of liquidity above the level, can form a correction
Scenario: primary reaction in the form of a false breakout and correction to fvg or to the zone of interest 0.5 fibo. After that, the upward movement within the trend and correction of the dollar may resume.
Scenario: primary reaction in the form of a false breakout and correction to fvg or to the zone of interest 0.5 fibo. After that, the upward movement within the trend and correction of the dollar may resume.
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❤️ Telegram channel: t.me/AndeWave
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.