GBPUSD UPDATE

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GBPUSD currently moving in a range between strong supply and demand zone (1.26200 to 1.26730).We can go for high probability setup after break of zone.

Now see if we go to resistance area(1.26738 to 1.26910). in that zone if we see rejection then wo go for sell till our demand zone (1.26200). And if we break the supply zone then we can go for long on retesting and market structure shift then our next target would be next liquidity point.

Similarly, if price first goes down to the demand zone (1.26200 to 1.25990) we see if price get rejection in m15 candle then we look for Long on MSS. But once the demand zone break we will look for short on retest.

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Penafian

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