Still Short on GBPUSD overall structure is still PRESENT
Short Opportunity July 7th CONT.
Here after review on the higher time frames I have found reason to anticipate a bearish day for the GBPUSD currency pair today July 8th, 2020.
As stated on July 7th, I have found a supply/ resistance zone along with price action indicating a significant rally approaching from the 107.500 level.
Continued throughout today price retested structure to the upside but failed to hold position, resuming in-line with the price analysis prediction as before.
My target today is STILL 1.23600-1.23500
Here after review on the higher time frames I have found reason to anticipate a bearish day for the GBPUSD currency pair today July 8th, 2020.
As stated on July 7th, I have found a supply/ resistance zone along with price action indicating a significant rally approaching from the 107.500 level.
Continued throughout today price retested structure to the upside but failed to hold position, resuming in-line with the price analysis prediction as before.
My target today is STILL 1.23600-1.23500