gbpusd h4 overview of key s/r zones and bounce play setup

🔸Let's review 4 hours chart for GBPUSD today. previously heavy rejection
from 2850 and currently dump in progress, heavy resistances at 2750/2760 caps
any upside mid-term outlook remains bearish, however also expecting a decent
bounce play once we hit fresh demand zones below the market price.

🔸Fresh demand zones at 2550/2500, however also short-term bounce possible
near 2640 off the horizontal mirror s/r price level.

🔸Recommended strategy bulls/bears: currently no recommended trade,
however bulls should look for a bounce trade setup near 2500/2550 later
for a re-test of the key s/r zone at 2750. Bears should focus on short
selling rips once the bounce is complete near 2750, alternatively any bounces
into heavy resistance at 2750 should be sold as well. good luck, traders!

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Kommentar:

previous GN setup TP1 hit +250 pips, congrats