raresmihalcea2020

GBPUSD is NOT Stopping The Uptrend

Long
FX:GBPUSD   British Pound / U.S. Dollar
[
  • b]Weekly Chart----Bullish
  • Daily Chart----Bullish
  • 4h Chart----Bullish
  • 15m----Bullish


The 4h Bullish reaction from the Weekly Demand shows us that the price is likely to Reach the previous High on Weekly

Right now, on 4h chart the price reacted from the first Demand Zone within the Range between the High and The Structural Low

15m Chart

On 15m chat the Supply Flip confirmed that the price is likely to reach the 4h High.

The Demand is in control so we can see the price reacting from either the ones noted on chart.
CONCLUSION
This Week I'll favor long trades on 15m chart with confirmation on 1m ( Change of Structure inside 15m Demand Zone)
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.