The Bears has shown some significant strength in the market last week .. thereby causes an overall structure to be bearish.. i will be looking for the bears to continue on the downwards move if i get a retracement at around 1.27500.. but before that i will be looking to for a shorterm long position with a confirmed entry to the awaited zone. FX:GBPUSD
FX:GBPUSD Looking for a short term movement
to the the demand zone for the bulls to take over again . following Yesterdays continuation to the upside.. so if i get a retracement into a discounted level i will be looking to short ..
FX:GBPUSD . Price is currently sitting at a demand zone formed due to a relunctant bullish move Previous Day..During this london session i will like to see a heavy push above structure to indicate bulls presence in the market and then a return to a discounted zone to continue it move to the upside towards the marked out supply zone
FX:GBPUSD .Price has hit a demand at about 1.27774 and has shown willingness to take some bullish moves . over all GBPUSD tends to want to continue on a shorterm uptrend just as predicted during yesterday's London SESSIOn analysis.. Based on Recent Confirmation I will be looking to go a short scalp BUYS when price Return to a discounted AREA.
FX:GBPUSD From a Day Trading perspective and A trend following Reason.. Its expected that gbpusd hits the current demand level during london open and gives a confirmation,, then i will be looking to enter for a buy at a discounted level and trade towards supply zone.
