olly48

GBP/ZAR Correction complete

Long
FOREXCOM:GBPZAR   British Pound / South African Rand
The correction in GBP/ ZAR has completed, it has rebounded from the monthly support area indicated. I think there will be a slight retrace coming before continuing to grow back to the all time highs and beyond.

Comments

Have you drilled down to the lower time frames to see how price got to this area? 🤔
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olly48 StewySongs
@StewySongs, yes I have been through all timeframes down to 4 hour. This is a long term trade though and I feel it shows the overall idea and target better on the weekly timeframe
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