Yesterday GBPUSD gapped down almost 40 pips on Israel war news. I said based on price action, market will go higher. And I said 1.2176 or so is a strong support to go long.
Market hit the zone (1.2164) before a huge up of over 80 pips. Looking for a move higher. Again, will not discount a possible dip to 1.2216 which will be a good opportunity to allow buyers to add on position for a move to 1.2292 and 1.2320.
Market hit the zone (1.2164) before a huge up of over 80 pips. Looking for a move higher. Again, will not discount a possible dip to 1.2216 which will be a good opportunity to allow buyers to add on position for a move to 1.2292 and 1.2320.
Note
50 pips given from buy level!
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.