GBP up or down?
Updated
As mentioned in previous analyses, the price has reached an important area which could determine whether the GBP continues to rise or continues to fall.
When looking at the 4H chart it is more than evident that we have reached a possible bullish reaction, however we must keep in mind the liquidity that is just below this POI, which is very possible before any type of rise
Last but not least, to consider purchasing scenarios it is necessary to see something like this
When looking at the 4H chart it is more than evident that we have reached a possible bullish reaction, however we must keep in mind the liquidity that is just below this POI, which is very possible before any type of rise
Last but not least, to consider purchasing scenarios it is necessary to see something like this
Note
Do you remember what was said about a possible purchasing scenario? Well, the price has marked a Choch, activating areas for purchases as shown below
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