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InkyGrip
May 23, 2023 5:04 AM

GBPUSD on a retracement move 🦐 

British Pound/U.S. DollarFXCM

Description

GBPUSD on the 4h chart after the recent high started a lower low lower high move.
The price broke and retest the structure at the1.26300 and move to the 1.24000 weekly support.

After a bounce over it the market is now looking for a new test of the lower area and according to Plancton's strategy IF the pair will break below we can set a nice short order.

Comment

a possible new test of the 1.23000

Comment

waiting for a break below
Comments
KlejdiCuni
Your content is very good. Keep up the good work mate!
InkyGrip
@KlejdiCuni, cool thanks
ArmanShabanTrading
Good work!
InkyGrip
@ArmanShabanTrading, thanks so much
LegionQ8
Quality post, all clear, thanks
InkyGrip
@LegionQ8, happy to hear that
Finchcliffe
Thanks for sharing, completely agree with your analysis!!
InkyGrip
@Finchcliffe, excellent
Setupsfx_
Top work
InkyGrip
@Setupsfx_, thanks so much
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