As you can see, GBPUSD surged after FOMC and completely closed the supply zone, and after that went on to the next supply zone, touching it at 1.34380 level. As I had previously said, GBPUSD did indeed reach 1.34000 and even much higher.
At the moment, GBPUSD is being traded at 1.33800 and I believe it'll soon challenge the 1.34300-1.34570 supply zone again. Should it go through the next supply zone, I believe will go even higher to sweep the liquidity above 1.34730 and then a little bit of correction.
At the moment, GBPUSD is being traded at 1.33800 and I believe it'll soon challenge the 1.34300-1.34570 supply zone again. Should it go through the next supply zone, I believe will go even higher to sweep the liquidity above 1.34730 and then a little bit of correction.
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Free telegram channel: t.me/AmirAliTrading_Official
Contact me on Telegram: t.me/AmirAli_Trading
Join OneBullEx and earn up to $50 in rewards: onebullex.com/register/?inviterCode=I6P18H
Contact me on Telegram: t.me/AmirAli_Trading
Join OneBullEx and earn up to $50 in rewards: onebullex.com/register/?inviterCode=I6P18H
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.