GBPUSD came down on US data release with DXY hitting 101.40 strong support. Market is again testing the lows of yesterday after the test and rejection off the PZ. If it had been at the open, I would say that if market come down first (to BZ), look for a long to PZ and if market goes up first, look for a rejection.
For now, with price near BZ, will look for the bounce for a move up, with a possible rejection between 1.2474-1.2486
For now, with price near BZ, will look for the bounce for a move up, with a possible rejection between 1.2474-1.2486
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.
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.