From TradingView · · 40s
GBPUSD Bullish for CAPITALCOM
GBPUSD breaks key demand zone with bullish momentum.
In brief
GBPUSD breaks key demand zone with bullish momentum. GBPUSD price retested 1.33007 and bounced, expected to pullback to 1.33367. Originally reported by TradingView.
GBPUSD retested demand zone
Price successfully retested the demand zone at 1.33007 and bounced with strong bullish momentum.
Expected pullback to 1.33367
We now have a break of structure on the 1-hour timeframe and price is currently testing the 4-hour swing point.
Key psychological level at 1.33007
Also keep an eye on 1.33007, this remains a key psychological demand level that could be retested.
What matters most
GBPUSD price retested 1.33007 and bounced, expected to pullback to 1.33367.
