SirLight

What will happen to GBPUSD? What is the probability

Long
SirLight Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Based on my analysis on the daily and 4 hours chart, there is a big probability that the trend will go to the previous support levels 1.22486.
I will be monitoring the price action there and look for valid entry based on 1hour chart. if its the level reached to the previous support and bounce back then I will ride the wave long, might also add another position if the wave breaks the support level at 1.24214.

LETS SEE WHAT WILL HAPPEN
Trade active:
I activated my trade and lets hope the best
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.