GBPUSD long or short - Supply Demand - h1Hello Traders!
Like I mentioned in the last analysis, this is one on the lower time frame. On the h1. Here we can see that we are right now at a h1 Supply Zone. This zone already has some touches which makes it risky to short.
Two scenarios:
#1 drop from the Supply Zone down to the Demand Zone
#2 push higher into the supply zone . Then supply zone became Demand Zone and we will see GBPUSD going up
What can we expect
It would not suprise me if GBPUSD will break the supply zone, but we need to watch price action
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
