GBPUSD – Demand Zone Retest!

643
GBPUSD is currently retesting a strong confluence zone:
the intersection of support and the demand area highlighted in orange 🔍

This zone has already triggered multiple bullish reactions in the past, making it an important level to watch closely.

As long as this intersection holds, we will be looking for longs targeting another bullish continuation higher 🚀

In trending markets, pullbacks into support and demand often create high-probability opportunities.

Will the bulls defend this zone once again? 🤔

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.