RaromFX

GBPUSD possible fake out??

FX:GBPUSD   Livre sterling / Dollar américain
Hello guys,here we have GBPUSD on the daily timeframe that broke the resistance/supply zone, but this break doesn’t convince me because can be a fake out and I also tell you why, the first yellow line on the chart is the newly created high in these days which corresponds with another supply zone at 1.36250 and as we can see it had a reaction and went down but towards the last few hours the candle has receded, so the movement could still be in the hands of the buyers, but the thing I noticed is the divergences that have formed over the years on the daily timeframe of GBPUSD and it is still making one very clear divergence right now and always had a big drop after these divergences, possible for GBPUSD to collapse and go back to this year's lows at 1.14 or do a simple retest at 1.26 before continuing to 1.45?
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.