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thecurrencymatrix
Jul 8, 2020 10:09 AM

Still Short on GBPUSD overall structure is still PRESENT Short

GBP/USDOANDA

Description

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
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