Gpbusdanalisis
GBPUSD remains a Buy intraday trendGBPUSD remains a Buy intraday trend
In the short term buy intraday in the 1.21600-1.21400 area
sl: 1.21000
tp:1.22000-122300
The Hamas-Israel conflict and yields continue to pose a threat to the currency pair ahead of a series of key economic data from the UK and US this week.
In the H4 framework, GBP/USD started to rise after testing his 1.2100 support, but the RSI is still stuck below 50, indicating that selling pressure remains strong. If the price closes below 1.2100, sellers will continue to target support at 1.2050 (on the downside from July high to October low) and 1.2000 support.
Immediate resistance for buyers lies at the 20-day moving average at 1.2150, then at the 100-day moving average at 1.2180 and 1.2200.
Result of Previous Idea | 140pips GBPUSD | What's Next?Welcome back traders. Here's the result of our previous idea. It was published on February 21 and target reached on February 24.. some 140pips..
Explaining the trade generally:
•Open your chart on GBPUSD Daily frame and mark the exact FVG I marked above and in previous idea..
•Look at the bodies of candles after reaching the FVG.. Ignore the tails of candles that tried to trick traders in longs.
•Open H1 chart and mark the first FVG you see after reaching Daily FVG..(22Feb, 03:00)
•What time is London Open Killzone?
•Do you see how many FVGs we got on H1 and lower time frames(15m,5m,3m,1m)?
•See the opportunities that price offered in active market times (Killzones)..
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