Short Buy GBPUSD Part 3

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As part of my previous analysis, I am expecting a recovery on the GBPUSD to 1.24235 or 88.6%. Price is currently at a 1.618% expansion. This would be a internal retracement in the sell continuation. At 12, we have BOE interest rates announcement. This should help provide the momentum to those levels.

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ملاحظة

Scenario 2: Price has just touched the 38.2% of the bearish swing and also a daily support or resistance zone. So instead of forming support at demand, we might consolidated at this point and sell further to break the low of the week to about 1.2199. After that then a short buy.

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ملاحظة

Good. I am in a sell to around 1.2199

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ملاحظة

closing my sell now

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تم فتح الصفقة

entered buy at 1.23066

١٦ ديسمبر ٢٠٢٢

تم فتح الصفقة

I closed that position, and entered another position at 1.21276, first target is 1.23064, second target is 1.23768

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تم فتح الصفقة