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2020 Week 4 GBPUSD supported at 1.2970

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
forexlye Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis aiquetrading
7
0
trendanalysis chartpattern waveanalysis aiquetrading
Tested 1.2970 several times. struggled to remain above 1.3080 and eventually above 1.3120. taking the view that price should find supporters to keep it above 1.3080. Bought at the lows of 1.3000, scaled from 1.3038 to 1.3065.
Trade active:
Tested 1.3080 and retreated to 1.3040+ region. Current boundaries 1.3000 to 1.3080. More waiting.
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