GBPUSD PIP RUN

Jul 27, 2023

GBPUSD has made an overall bullish trend on higher timeframes.
I expect price to retest previous support(A) and bounce back to the historical demand zone(B).

For entry wait for the following confirmations when price hits the demand zone (B).

RSI confirmation (Wait to see if price breaks zone B or rejects again.)
Moving averages.
Engulfing candles
Momentum candles
Doji rejection candles.

Jul 27, 2023

Note

Now approaching Zone A.
Look at 15m and 1H to spot candles indicating bullish comeback.
Rejection candles essential for great entry

Jul 28, 2023

Note

Good morning Guys! Zone A rejection starting! Remember do not enter until the above confirmations are all in place. Gbpusd is a volatile pair!

Looking for an entry after an engulfing momentum candle or a three line strike with snipers!