SHORT - GBPUSD (2 Jul 2023)

Position Trade - GBPUSD

Monthly:
- Price is overall still trending down but reaching to monthly supply zone again, after it has rebounded from demand zone


Consider placing a pending SELL order on the Monthly as the zone is fresh for long-term holding for SELL trades

Weekly:
-Similarly, as the price is high in the curve (monthly), we would be looking and waiting for sell trades.
- Consider placing pending SELL orders on the Weekly as the zone is fresh for long-term holding for SELL trades


Daily:
-Potential sell order to be placed once price nears the supply zone (which is near/nested within Weekly & Monthly supply zones)


An alert has been placed on 2 Jul 2023)