GBPUSD ! The price in range. Finding a setup to buy

762
GBPUSD confirms sideways range 1.2595 - 1.21675. The currency pair is testing support and forming a rollback. At the moment the price is trading in the short zone and we should be looking for great setups to find a buy entry point.

There is a strong support level 1.21675 on the chart, from which the price is trying to go up.

I suppose if the price can consolidate after testing support 1.21675 above this level, then there may be a good increase. Short-term target - local peak at 1.2325

Sincerely, R. Linda!

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.