GBP/USD prepare for longs

Dec 9, 2023

Here we can see a detailed look at the Wyckoff Accumulation. The question is are we in Phase E (Trend out of Range) at the end? Is it preparing to mark up, or is GBP/USD going to fall back within the Trading Range and move lower to touch the trendline? Let see on Monday! We will trade the New York session, during the European session we will monitor how the price develops.

Dec 12, 2023

Note

Second zone after CPI