GBPUSD A clear bullish momentum coming from a H4 demand area.

British Pound / U.S. Dollar (FX:GBPUSD)

Updated

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Chart Patterns Wave Analysis GBPUSD gbpusdlong

trendanalysis chartpattern waveanalysis gbpusd gbpusdlong

GBPUSD There're buy orders coming from the H4 demand area. I would take a low buy action for GBPUSD until TP1 and TP2.
TP2 is a supply area coming from weekly time frame. Suggest to go in with decreasing lot size as it approaches TP2.

Comment:

snapshot

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.