GBPUSD IT IS READY FOR A LONG SETUP
On GBPUSD, after a trade executed on Friday following the NFP release, which resulted in a 9% gain, we are currently experiencing a completely bearish market, approaching the 1.2350 area where a demand zone is located, along with numerous buying orders. Therefore, I expect a bullish pattern to emerge in that area, leading to a recovery of all the liquidity left in the market on Friday and today. The target is set at 1.2550.
Let me know your thoughts.
Happy trading to everyone.
Let me know your thoughts.
Happy trading to everyone.
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