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GBPUSD, time to BUY?
British Pound / U.S. Dollar
Long
GBPUSD, time to BUY?
By InfiniteY
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Jun 21, 2024
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4
Hello everyone,
This analysis of the GBPUSD will be very similar to last Friday's for the simple reason that we are at the same levels.
This time we also have some large EQLs to liquidate.
The setup is therefore very interesting for a potential buy:
✅ EQL liquidation
✅ Liquidity at 1.26420
✅ Return to equilibrium
✅ Bullish trend on HTFs
Over the next few days, I'll be keeping a close eye on how the price reacts at these levels, with a view to potentially buying the pair.
Feel free to subscribe and boost this post if you liked my analysis, and to tell me what you think in the comments.
Happy trading and have a good weekend :)
Beyond Technical Analysis
Supply and Demand
Support and Resistance
InfiniteY
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