Updated

GBPUSD TA: Why I'm Looking Long At Lower Support

Hey Traders,

So I mentioned that GBPUSD will likely fall from Price Action Levels higher up.

We got exactly that and we still cannot see long side bias amidst a strong USD. Each push up and rebound on each level of support is causing minor bounces.

So, here is why I'm planning long entries below.

Watch to learn where and why.

Note

Hold off any new longs until lower support likely next week.

Note

Market is awaiting big change in sentiment. IF that is downside sentiment likely we will reach support zones labelled.

Note

Still awaiting larger fall for new entries.

Note

Looking for further falls. Lower TFs weak.

Note

Focus on J hole Symposium

Note

Awaiting tech levels.

Note

Still awaiting larger falls. Light shorts on rises.

Note

Keep eyes out for news this week; may dictate markets like GBPUSD

Note

Big news day today. Entries set lower if we can get there under 125

Note

Entered long.

WillSebastian

Free Pro Multi Asset Trading Guide:

bit.ly/learnttm

Free Discord Secret Server:

discord.gg/tXAcxFVCJU

Posts Not financial advice.

Also on:

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.

WillSebastian

Free Pro Multi Asset Trading Guide:

bit.ly/learnttm

Free Discord Secret Server:

discord.gg/tXAcxFVCJU

Posts Not financial advice.

Also on: