A trend that can possibly shift to the downside due to the CHoCH. More market structure on the 5min timeframe.
Reaching Demand Zone that broke previous Supply Zone. Continuing Uptrend.
The list of confluence for a sell opportunity. This pair makes a historic return; however, there is bullish momentum that needs to slow down before trade.
Possible Bearish Trend Due to WEEKLY Timeframe Level. WAITING ON SUPPLY ZONE SELL LIMIT ENTRY FOR A TIGHTER STOPLOSS.
Although it is at a resistance. GBPUSD had gained bullish momentum with an untouched demand zone.
My Supply and Demand Idea For GBPUSD. Short Term Buy / Long Term Sell.
I can see it go low again, but eventually going up according to the Daily and upper time frames.