GBPUSD LONG 1400 PIPS UPDATE

6. Jan. 2021

First of all happy new year everyone, not such a good one for us in the uk as we have just entered another lock down. As from my last update on the 31st of December the market has worked out exactly how i anticipated. We had the move up to the zone which i marked out from the first arrow. Then we had the pull back on the second arrow, which did come just below my zone because at the bottom of that zone was the 38.2 of the Fibonacci but in fact went to the 50.0 of the Fibonacci which is fine. Now were on the 3rd arrow which i anticipate a move up through our zone to cover imbalance and also head towards an order block. Updates to follow, hope everyone as a fantastic day.