Hello traders, GBP/USD is back in the demand zone from where
we can see a bullish move to 1.25 level.
However, I am not rushing into buys yet. I am waiting to see if GBP/USD
drops to 1.2050 level which would be a very attractive level to buy
GBP/USD.
Keep in mind that if the zone highlighted in the chart breaks, then
the next key level for GBP/USD is 1.18.
we can see a bullish move to 1.25 level.
However, I am not rushing into buys yet. I am waiting to see if GBP/USD
drops to 1.2050 level which would be a very attractive level to buy
GBP/USD.
Keep in mind that if the zone highlighted in the chart breaks, then
the next key level for GBP/USD is 1.18.