GBPUSD | Demand regain control for a short term buy

2024年1月25日

I expect GBPUSD to rise to 1.27747.
a potential demand zone was created when 1.27473 was liquidated thus negate the supply zone.

2024年1月30日

交易开始

GU hit 1.27585 and fail short to hit target.
GU still on demand zone there is possibility for the demand to hold considering the MSS (market structure shift) after the PDL (previous day low) was liquidated

2024年2月2日

注释

supply zone is no more in control, though GU liquidate the low 1.26497 of the demand zone
react on (1.26368 - 1.25975) demand zone creating a strong impulse candles thus the sentiment for GU will bullish.