GBPPLN: Bullish Bounce Expected from Key Support Zone

Jan 23

GBPPLN is at a significant demand zone, marked by prior price rejections and strong support level. The current market structure suggests the potential for a bullish reversal at this level if buyers regain control.

I anticipate that if the price confirms a rejection from this demand zone, the market may move upward toward the 5.07402 level.

If you agree with this analysis or have additional insights, feel free to share your thoughts!

Jan 27

Trade active

Feb 3

Trade closed: target reached

Take Profit Hit