GBPUSD has come to a major support zone which hasn't been seen since the uncertainty about Brexit. Although a break of this area is possible given the strength of the US dollar recently and the coronavirus only getting worse, this trade could be possible, given it moves above 1.22 and re-tests. Otherwise, I will not be looking to take this trade.
Comment:
Double bottom on daily
Last time it formed a double bottom on weekly to the left. Could it replicate its move?
Order cancelled:
Market broke through major support
Trade active:
Trade over 1% in profit. SL protected.