Here is a look at the GBPUSD that looks to potentially form 2 important intraday pin bars -
From confirmed Supply to potential Demand.
If this zone in the 1.17 bracket confirms support , then look for price to retrace to the Fib Midpoint.
The trade suggestion is with the Major Downtrend and continued weakness of the Pound.
Trade on chart.
From confirmed Supply to potential Demand.
If this zone in the 1.17 bracket confirms support , then look for price to retrace to the Fib Midpoint.
The trade suggestion is with the Major Downtrend and continued weakness of the Pound.
Trade on chart.
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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.