CharlesUgo-CordFx

GBP USD - Why i am looking for Buys?

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
#GBPUSD Analysis for the week. 6th March, 2022

From the Weekly timeframe, Price has gotten to the Demand Zone that broke structure on the left. While Price was on the way to retest the Zone that broke structure to the upside, it gave us the M-Pattern thereby causing us to start looking for buying opportunities to the red target line 1 and 2 in any case price tries to fill the imbalance above target 1
-
Follow for more updates

#forex #fxtrader #Cordfx

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.