tomasens

Potential buying area in GBPUSD

Long
FX_IDC:GBPUSD   British Pound / U.S. Dollar
The current price in GBPUSD is moving in downward channel and if the price gets rejected at median line we can expect the next buying area at around 1.2500-1.2575.
Hope this makes sense and works at the same time

Good luck.
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.