The market broke through the range zone, which is the accumulation zone.
GBPUSD
has broken through the resistance that became a key support level at 1.26000. The price is heading toward the 4H resistance zone. On the daily timeframe, the price broke the inside bar. If the market rolls back to the support level and rejects it, we can look for a buy signal. I think the market might form a complex pullback. I expect a liquidity grab below the key level, then a bullish move. My goal is the resistance at 1.26620
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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