ant_capital

GBPUSD 1h Analysis July 22nd, 2021

FX:GBPUSD   British Pound / U.S. Dollar
We are nearly approaching towards our key level where we expect for 2 scenarios. Scenario 1 is a break above structure as the dollar is weakening it can cause a big push to the upside that will lead to a bos. Scenario 2 is the rejection at the key level and target the next key level because we still do have a bearish market structure.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.