GBPUSD Supply zone 4hr chart

FX:GBPUSD   British Pound / U.S. Dollar
Price fell away sharply and has not revisited this level indicated a strong supply zone .

Likely to be more sell orders pending at 1.53780.

Initial targets set at approx 2:1 but will adjust depending on how price arrives at the supply zone .

So your looking for price to go up around 1.53 level and then you will go short ?
Yes. Looking at how price fell away from here so quickly suggest there are still large sell limit orders from banks etc that did not get filled.
cheesetoast PRO cheesetoast
sorry at 1.538, not 1.530
KayJay cheesetoast
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