GBPUSD LONG IDEA
Updated
GBPUSD Currently at a zone of strong support. Previous weekly candle closed strong bullish engulfing, meaning that bulls have taken over the market. Price could retest broken bearish trend line on the Daily TF and respect the bullish trend line on H4. Current zone is also the 61.8 PRZ level on H4 as well. Waiting for bullish confirmation. Order cancelled
No Price Action Signal, trade becomes invalid.
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.