British Pound / U.S. Dollar
Long
Updated

GBPUSD could bounce from major support

63
GBPUSD has come to a major support zone which hasn't been seen since the uncertainty about Brexit. Although a break of this area is possible given the strength of the US dollar recently and the coronavirus only getting worse, this trade could be possible, given it moves above 1.22 and re-tests. Otherwise, I will not be looking to take this trade.
Note
Double bottom on daily
snapshot
Last time it formed a double bottom on weekly to the left. Could it replicate its move?
snapshot
Order cancelled
Market broke through major support
Trade active
Trade over 1% in profit. SL protected.
snapshot

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