Here's my view of the GBPUSD over the next few days.
Since the start of the week, we've seen a nice correction.
Today, the GBPUSD is approaching its OTE zone (between 0.62 and 0.78 Fibonacci).
This zone is therefore one to watch very closely. There's plenty of liquidity to be had with a nice order block. The market is bullish on the biggest time frames (H4, H1).
So I'm going to wait for a reaction in this zone before buying tomorrow or next week, with the aim of continuing the trend and reaching 1.29.
What do you think of this vision?
Feel free to give this post a boost if you liked my analysis!
Since the start of the week, we've seen a nice correction.
Today, the GBPUSD is approaching its OTE zone (between 0.62 and 0.78 Fibonacci).
This zone is therefore one to watch very closely. There's plenty of liquidity to be had with a nice order block. The market is bullish on the biggest time frames (H4, H1).
So I'm going to wait for a reaction in this zone before buying tomorrow or next week, with the aim of continuing the trend and reaching 1.29.
What do you think of this vision?
Feel free to give this post a boost if you liked my analysis!