Oztrade

GBPUSD Weekly Daily - Let see if the market respects this level

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hi Traders, for those who trade trend with fib based confluence, AB=CD or channels and waves. We see as the USD Gains strength others fall. But for how long?

Be good to watch this zone and see how the market reacts. Im sure many traders are already watching this pair

There are some important structure levels looking left as well which may add to a potential reversal.

For those who trade lower time frames, be sure to watch for any signals for reversal.

Good Luck ;)
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.