GbpUsd Analysis
Just giving an analysis on why I'm going long. 4 hour time frame shows price breaking and retesting 1.19940 which is a weekly major zone. I'm hoping to see bullish opportunities until it reaches 1.21800. There are a lot of imbalances left above between zones 1.29710. and 1.26660. Since a weekly zone was retested and price is now bullish, the imbalances should end up getting filled. Which makes the buy valid up to 1.21800.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.