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JoeChampion

GBPUSD most important demand zones to watch

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
JoeChampion Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis GBPUSD GBP USD buy LONG Bullish Patterns Technical Analysis Contains image
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trendanalysis indicator beyondta gbpusd gbp usd buy long bullish technicalanalysis containsimage
Hey Traders, above is a technical overview on GBPUSD and the most important demand zone to watch, GBPUSD was trading in a downtrend but successfully managed to break it out following the recent soft CPI data, so in today's trading session our direction have changed and we will be mostly focusing on potential upsides. the first zone we will be watching is 1.26300 which was an important resistance in which we will be watching a potential retrace from there, in case of a breakout of that zone we will be watching the second demand zone mainly from the uptrend combined with 1.25900 support and resistance area.
Trade safe, Joe.
Comment:
snapshot

GBPUSD is approaching support 1, will be watching the price action closely
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