Yesterday (tradingview.com/chart/GBPUSD/LdKa4Eue-16102023-GBPUSD/) I was looking for an up move in GBPUSD to go short, and indeed price went up 45 pips from the lows to 1.2180 and cme down by 30 pips. But we see price held by PZ before a move higher.
For today, price action turned bullish as market closed almost at Friday's high. Price is also above the zones. As long as 1.2180 holds (possible pullback), look for further upside to 1.2272.
For today, price action turned bullish as market closed almost at Friday's high. Price is also above the zones. As long as 1.2180 holds (possible pullback), look for further upside to 1.2272.
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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.