GBPUSD - strong supply at 1.6300/20

FX:GBPUSD   British Pound / U.S. Dollar
252 0 2
At the beginning of this week the price broke strong demand level described in last analysis GBP/USD             ( It can tell us the price wants to go down further. At present the price is trying to reach strong supply confluence at 1.6300/20 level. If the price will be take out from this level, we can expect at least back to the last demand zone at 1.6050/6110 or maybe a new Lower Low in next Demand Zone D1. But if price make engulfing mentioned supply confluence, we can expect back to the source of demand and then strong move up to the next supply zone .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out