GBP/USD - IRL to ERL
Similar to EUR/USD, after taking out an Old ERL which pushed the price down into a Bullish IRL and price seems to be respecting it. I will be expecting a long to the Daily ERL on Monday to the price area of 1.26837
Note
Bias is Bullish going into next week however with no news on Monday & Tuesday I'm expecting to see consolidation as we have no drivers and price is between a bullish and bearish FVGTrade closed: target reached
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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.