GBPUSD has recently broken out from a range that dates back to June 2018. There's not much in the way of the current rally and price is quickly approaching a relatively strong supply zone. Keep an eye on price action at lower time frames as it approaches the sell zone for potential shorts.
There is a strong possibility that this supply level will fail to hold and the next level for shorts on the daily timeframe would be 1.43, however, the zone there is slightly weaker. The next strong supply is at 1.47.
There is a strong possibility that this supply level will fail to hold and the next level for shorts on the daily timeframe would be 1.43, however, the zone there is slightly weaker. The next strong supply is at 1.47.
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Facebook Group: www.facebook.com/groups/aefx786
For my signal & fully automated copy-trading services, get in touch @ t.me/Ajaz_Elahi
Disclaimer: I do not take all of the trades I publish.