DenisRisticFX

GBPUSD stay away until nearest 4h supply is removed.

FX:GBPUSD   British Pound / U.S. Dollar
Price Altitude: Middle
Daily Trend: Down
4H Trend: Range

Analysis: Daily demand is in control. Price bounced off and is slowly grinding its way upward. Expecting much whipsawing.

Prediction: The move higher is very choppy and slow. I expect to see a range bound environment until a break higher or lower occurs.

Price Points of Interest:
4h Supply inside Daily @ 1.2936
4h Supply @ 1.2871


This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Supply and Demand is everything in this business.
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