GBPUSD Long
The Trend on Daily and Weekly TF is bearish, however, price is at a weekly demand zone and could result in a bounce before bears resume. The rally could also be driven by profit taking. This is a counter trend set up.
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.