GBPUSD SUPPLY ZONE 1.55
Hi Traders, the British Pound has made a killing recently against the other pairs and made me more than happy ;o). Based on currency strength analysis, the GBP is the strongest G8 currency but we might have a decrease in strength at 1.55 as we will touch a strong supply zone. This may lead to a retracement or a reversal in the path of the longer term downtrend.
Happy pips!
Happy pips!
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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.