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barzzTradingAcademy
May 8, 2021 6:32 PM

GBPUSD FULL BREAKDOWN. SUPPLY OR DEMAND? 

British Pound/U.S. DollarFXCM

Description

Hello Traders, this is my Video Analysis on this Pair. ( Previous Analysis Linked below )

On the Monthly Timeframe, Price is Accumulating, and Price is also at a previous level of Supply.

On the Weekly Timeframe, Price is creating a Bullish Price Action after a Creation and retest of a new Weekly Demand

On the Daily Timeframe, Price Closed as a Bullish Engulfing, which means we should anticipate for a potential Bullish move in the coming days.

From these fascts, I will be monitoring Price action for a Potential Trading Opportunity in the coming weeks.
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