Short Buy GBPUSD Part 3

15 Ara 2022

As part of my previous analysis, I am expecting a recovery on the GBPUSD to 1.24235 or 88.6%. Price is currently at a 1.618% expansion. This would be a internal retracement in the sell continuation. At 12, we have BOE interest rates announcement. This should help provide the momentum to those levels.

15 Ara 2022

Not

Scenario 2: Price has just touched the 38.2% of the bearish swing and also a daily support or resistance zone. So instead of forming support at demand, we might consolidated at this point and sell further to break the low of the week to about 1.2199. After that then a short buy.

15 Ara 2022

Not

Good. I am in a sell to around 1.2199

15 Ara 2022

Not

closing my sell now

15 Ara 2022

İşlem aktif

entered buy at 1.23066

16 Ara 2022

İşlem aktif

I closed that position, and entered another position at 1.21276, first target is 1.23064, second target is 1.23768

16 Ara 2022

İşlem aktif