Short Buy GBPUSD Part 3
As part of my previous analysis, I am expecting a recovery on the GBPUSD to 1.24235 or 88.6%. Price is currently at a 1.618% expansion. This would be a internal retracement in the sell continuation. At 12, we have BOE interest rates announcement. This should help provide the momentum to those levels.
Note
Scenario 2: Price has just touched the 38.2% of the bearish swing and also a daily support or resistance zone. So instead of forming support at demand, we might consolidated at this point and sell further to break the low of the week to about 1.2199. After that then a short buy.Note
Good. I am in a sell to around 1.2199Note
closing my sell nowTransaction en cours
entered buy at 1.23066Transaction en cours
I closed that position, and entered another position at 1.21276, first target is 1.23064, second target is 1.23768Transaction en cours
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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.