GBPUSD buys after Covid low
This is the GU setup I am currently looking for around the 1.16000 psyc level where I would like to see support form on the H4 timeframe to continue the current H4 uptrend. The fib target is directly at the Daily timeframe support/resistance level so that is perfect area to key on.
GU approached the Covid Lows made for the first time since March 2020 so this could be the level for the longterm trend to shift to an uptrend.
GU approached the Covid Lows made for the first time since March 2020 so this could be the level for the longterm trend to shift to an uptrend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.