GBPUSD Analysis 17Aug2023
There is a high possibility that the price will be bearish. This can be seen in the price response when responding positively to the trendline area, where the trendline is an opposition that is strong enough. Below is seen a liquidity area. Usually, the liquidity area will be responded to positively, and the price drops deeper than that area.
Related publications
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.