You can clearly see buyers have taken control of the Asian session. I would be looking for price to close below the VWAP and coming back to at 1.3708.
If the USD loses strength today then utilise trapped traders at 1.3723 as your buying area. just be careful as sellers could come back in full force.
POI - Strong buy-side interest at 1.3708
POI - Strong Sell-side interest at 1.3723
Currency Strength Comparison -
Strong: GBP & USD
Weak: N/A
delta: +8.36 (GBP)
#GBP #USD #GBPUSD #FOREX
If the USD loses strength today then utilise trapped traders at 1.3723 as your buying area. just be careful as sellers could come back in full force.
POI - Strong buy-side interest at 1.3708
POI - Strong Sell-side interest at 1.3723
Currency Strength Comparison -
Strong: GBP & USD
Weak: N/A
delta: +8.36 (GBP)
#GBP #USD #GBPUSD #FOREX
