GBPUSD / BETWEEN DEMAND ZONE AND FVG / 4HGBPUSD / 4H TIME FRAME
HELLO TRADERS
Prices are moving towards a demand zone located between 1.306 and 1.300. In technical analysis, a demand zone represents an area where buyers are likely to step in, potentially pushing prices higher.
After hitting the demand zone, the expectation is that prices will rise towards the FVG area between 1.313 and 1.324 , The FVG (Fair Value Gap) area is often a price gap left on the chart that may get filled in the future, typically considered a point of interest where the price might reverse or stall.
Once the price hits the FVG area, the text anticipates that it will fall back to the demand zone (1.306–1.300) and potentially drop below this zone to the target demand zone between 1.286 and 1.281. This suggests the overall sentiment is bearish in the longer term after a short-term rise.
• Initial Demand Zone: 1.306–1.300 (current support).
• FVG Area: 1.313–1.324 (temporary resistance).
• Target Demand Zone: 1.286–1.281 (final expected support level).