From the Higher Time frame We can see price reacting to strong levels of support and we see price rejection on the daily. We could likely see a push upwards in the coming week.
Looking to buy GBP against the green back in an area of support zone where market has tested the zone a few times already, Shorting doesn't make sense until the trend has indeed changed and reversed which so far is not the case so we will look to buy around 1.4080-1.4090 with stops under 1.4060 and targets @ 1.4180 & 1.4240
UCAD staircasing its way up to the supply Zone in a loose ABCD formation, dont sell it now there are plenty of reasons to sell it in the peak supply area instead.
Is EU telling us where it is going to be heading in the year coming? Looking at an On-Trend Continuation in the current area. 61 & 38 Confluence on the 1.15 Mantle, wicks out to the top, Previous Price Reversal Area, 3-4th Loose
hit on the Downtrend line, 100EMA floating across the top. Very nice set-up, possibly for the first half of the year.
![GBPUSD: POUND - DOLLAR LONG [GBPUSD]](https://s3.tradingview.com/h/HRrKwAnK_mid.png "POUND - DOLLAR LONG [GBPUSD]")
