GBPUSD Approaching The Weekly Demand Zone
Monthly - Price is below the monthly support level of 1.27300 and price is currently in the monthly demand zone.
Weekly - Price is fast approaching support at 1.25800
Daily - Price is trapped between two levels;
-Resistance @ 1.27160 - If price breaks up on H4, i might take buys to the next level on the daily.
-Support @ 1.26550 - If price breaks below on H4, I'll be looking for sells on the retest to the weekly support.
Assuming that the market doesn't have a big gap, i will be following the above analysis
Weekly - Price is fast approaching support at 1.25800
Daily - Price is trapped between two levels;
-Resistance @ 1.27160 - If price breaks up on H4, i might take buys to the next level on the daily.
-Support @ 1.26550 - If price breaks below on H4, I'll be looking for sells on the retest to the weekly support.
Assuming that the market doesn't have a big gap, i will be following the above analysis
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.