GBPUSD looking for buys
**Monthly Chart**
On the monthly chart, it has been moving in a narrow range for the last two months. In addition, Feb candle opened within the range and started moving lower after it tested the monthly high. All this suggests a move lower next week at least to test the liquidity candle low around 1.2200 level.
**Weekly Chart**
Last week candle also closed as doji candle with wicks on both sides. From what I see good levels to buy from are around 1.25000 and sell levels are around 1.28000.
**Daily Chart**
There were no good trade setups last week. The market was almost moving in a trade before CPI news on Tuesday and then tested the liquidity candle of 2nd Feb (the previous week's candle) but moved lower midway. Therefore, I will be interested in buying around 1.25000 (round number) level or lower with a good confirmation.
On the monthly chart, it has been moving in a narrow range for the last two months. In addition, Feb candle opened within the range and started moving lower after it tested the monthly high. All this suggests a move lower next week at least to test the liquidity candle low around 1.2200 level.
**Weekly Chart**
Last week candle also closed as doji candle with wicks on both sides. From what I see good levels to buy from are around 1.25000 and sell levels are around 1.28000.
**Daily Chart**
There were no good trade setups last week. The market was almost moving in a trade before CPI news on Tuesday and then tested the liquidity candle of 2nd Feb (the previous week's candle) but moved lower midway. Therefore, I will be interested in buying around 1.25000 (round number) level or lower with a good confirmation.
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Join our PropSignals Channels on Telegram
t.me/PropsignalAE
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.