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DariusFxTrading
Jul 6, 2020 7:31 AM

GBPUSD long or short ? - Still valid - UPDATE 

British Pound/U.S. DollarFXCM

Description

Hello Traders!

This Analysis I posted on Friday and it is still valid.

2 possible scenarios:
Me personally I am expecting a nice drop . But we also could go straight up.

#1 Short: The drop will happen if the liquidity in the market is given by the banks in order to push the price more down otherwise ...
#2 Long: The price will go up. It will break the Supply Zone . Retest the new Swap Zone and will go up.

Watch Price Action and be careful. React on what the market will give you.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.
Comments
pitsowarona
According o our analysis, we could be going down and I think personally as you put it you called it. For me I always check what GJ does and easily informs me on what GU will do.
DariusFxTrading
@pitsowarona, thanks bro. yes this is great. you are right GJ and GU often moves the same way.
pitsowarona
I am loving the analysis
DariusFxTrading
@pitsowarona, cheers my friend
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