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scag
Sep 8, 2020 3:51 PM

GBPUSD - Wipe of the re-accumulation and then to the moon? Long

British Pound/U.S. DollarFXCM

Description

GBPUSD almost got away from us in the last few weeks, but she is back and seeking to test liquidity below 1.30. Any pushes below the old re-accumulation range on lower volume can present us with great opportunities to get back into the market for trend continuation.

Any push below the re-accumulation on HIGHER than previous sell volume could be an early warning sign of further downside, will watch this and make adjustments based on market activity.
Comments
lloydealedo
Time to bounce
scag
@lloydealedo, Yeah low volume bounces are to be expected for sure. Will remain patient either way.
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