GBPUSD Possible sell setup
GBP USD has been struggling to go up; we might see the currency go down if the price breaks the low @1.35943.
Currently the momentum on the D1 is bearish with price rising to a possible retest area @ 1.36400. The price seems to be in a correction to the supply level at H1 and H4. If price fails to break the H1 low @ 1.35943 it might jump for the D1 supply zone.
Currently the momentum on the D1 is bearish with price rising to a possible retest area @ 1.36400. The price seems to be in a correction to the supply level at H1 and H4. If price fails to break the H1 low @ 1.35943 it might jump for the D1 supply 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.