KronFX

GBP/USD - technical analysis [SMC] - by KronFX

Long
KronFX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hi all,

I expect the price to continue the upward movement, it is also very likely to have the reaction from a demand area, until the price liquidates a previous structural point, I will look for buy transactions
Comment:
the liquidity was taken over and the price continued to rise, although it did not reach the demand area with very little
Comment:
nice MOVE!
Comment:
the reaction in the demand area was respected
Comment:
there is no place for luck, only a lot of perseverance and discipline
Trade closed: target reached

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.