GBPUSD - 24 March 2022

24 Mar 2022

Bearish momentum kicked in and 15m has turned back into bearish OF which aligns with daily and weekly bias. We can see price is now forming a pullback to the most recent 15m bearish leg, we may see price go down from here or the low holding and price pullback up to the premium of the leg and take out the BSL (EQH) before continuing down.

24 Mar 2022

Not

Bullish Intention found, the 5m decisional supply failed to put in a new LL, price is showing a respect to the low, we may expect price to continue higher at least take out the EQH from the left.