GBP/USD is testing a key supply zone located at the breaker block of the last demand zone. Price has reached this level, presenting an opportunity to enter a short position. The trade targets the previous demand zone, aligned with the Fair Value Gap (FVG) as support. A solid short setup for a potential move downward, with a focus on price action at this critical zone.
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.
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.