Lukegforex

GBP/USD BUY BEFORE WE SELL

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD 15M - As we can see from the screenshot above the market has left a-lot of inefficient structure beneath these Supply zones. This gives me reason to believe price will want to trade us back into one if not both Supply zones before taking us lower into the Demand zone below.

We have already seen structure slow and price looks to be accumulating, this in itself further builds my bias to buy into this market. In order for me to have the right confirmation to execute any buy positions I will want to see price start putting in bullish structure.

This will confirm the end of this current bearish one, we can then look to get involved from a fractal pullback, this in itself gives us the opportunity to get in on a refined entry, MORE ANALYSIS TO COME!

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