Snick3rSD

GBPUSD - Long from discount zone ✅

Long
FX:GBPUSD   Britisches Pfund / US-Dollar
Hello traders!
‼️ This is my perspective on GBPUSD.

Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs from discount zone. My point of interest is if price makes a retracement and then rejects from bullish order block. Another confirmation from that zone is volume profile.

Fundamental analysis: This week we have news on GBP. On Wednesday will be released yearly CPI and on Thursday Interest Rate. Pay attention to the results in order to validate the analysis, as these news are one of the most important.

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