Hi traders, as you saw i posted that i expect gbp to drop, but there is still some room for price to push higher before reversal. We are having supply zone on GBPUSD, and price might just drop from that spot, or it can go and retest that zone once again which will give us nice spot to enter trade. Anyway i expect nice wave to the downside there, i see price go and retest that trendline where we are having another zone, and that will be interesting spot to see if price will reverse from there or it will push even lower. Be patient and watch it closely. Good luck
Trade active
Price went up and nicely reject from our supply zone, now im interesting to see how price will react on that middle zone and trendline. I expect continuation
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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.