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Livre sterling / Dollar américain

GBPUSD can move higher? 🦐

Par InkyGrip
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GBPUSD on the daily chart after the recent high at the 1.2500 level retraced over the demand zone at the 0.5 Fibonacci level.
The market created an impulse to the upside after the test of it and open the week with a gap.

Currently the buyers are attempting to break the daily resistance structure and IF the price will manage to move over that level we can move on the 4h chart to set a nice long order according to the Plancton's strategy rules.
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snapshot bullish pressure
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snapshot still looks bullish on the daily
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snapshot resistance rejection
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snapshot waiting for a break of the daily resistance
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snapshot the price breaks above as expected
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snapshot approaching the weekly resistance
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snapshot retest of the previous high
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snapshot waiting for a resistance break
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snapshot choppy trading between the 2 structures
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snapshot the price is now breaking above
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snapshot 200 pips delivered here
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snapshot possible new recent high
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snapshot retest of the support
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snapshot new break of the resistan ce
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snapshot higher high
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snapshot break and retest of the previous highs
240minDaily ChartsFibonacci RetracementGBPGBPUSDTrend AnalysisUSD
InkyGrip

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