GBPUSD short - Supply Demand - h4 - UPDATE

FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders!

Quick Update on GU. Price went up to the Supply Zone . Now let's see how the price will respond to this zones. After a nice Price Action Signal we can jump into shorts. The Take Profit is the Support Level .

I also marked a possible Retest. This could be a nice opportunity to add positions or to jump into the trade.

That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.

Thank you and we will see next time
- Darius.
Comment: still no confirmation yet. We are waiting
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Do you still consider it valid after it kinda broke resistance level?
Darius17 TradeGodfather
@TradeGodfather, still possible scenario to go down. yes. because we got another zone right behind
Seems to be showing no signs of slowing! Could it reach 1.24, maybe higher?
Darius17 JorvikPrince
@JorvikPrince, Yes you are right. Price simply went up. If this h4 candle will close bullish we will definitely see 1.24
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