gbpaud h8 v-shape recovery target 8250

9 Mar 2023

gbpaud 8hour chart review/outlook. V-shape recovery
currently in progress and bulls maintain short-term control.
logical final TP bulls is 8220/8250 so scoop up any dips/pullbacks
near market price now. Bulls maintain control until 8220/50 S/R.
Bears should wait for price to max out later near 8220/8250
and be ready to short from overhead once price gets rejected.
based on recent symmetrical price fractal bears may target
re-test is 7550 key S/R price level. so this could be a nice
risk/reward swing trade short from overhead resistance.

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