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the5erstrading
25. Apr. 2019 13:39

Which Level GBPUSD Will Hit First 25/04/2019 

British Pound/U.S. DollarFXCM

Beschreibung

For all time frames, GBPUSD is bearish at the moment and seems it’s gonna stay bearish until the price will reach the demand below that marked in 4H chart, that demand is a great Level for buy position, it’s a potential level for reversal position, the supply above that marked in 1H chart is what called RDB (Rally Base Drop), the base has a nice rally to that level And then create the base which is the supply, and drops after, that creates a very reliable supply level, It’s a great supply for sell position as a continuation of the bearish momentum.

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