GBPUSD LONG SETUP AFTER UK NEWS
In GBPUSD, we have a bearish setup with the price reaching the 1.3018 area, where we have a Forex48 block, which is a highly sensitive point for a price reversal and therefore an opportunity for a long entry. Additionally, we have an FVG (Fractal Vertical Gap) that, if confirmed on the M15+H1 timeframe, would provide an opportunity to enter long.
In the first case, the Forex48 block is already validated, but I will wait for an entry at the 50% Fibonacci level of the block in question. Furthermore, I will wait for the entry during tomorrow's London session after the news if there are further confirmations.
Greetings and happy trading to everyone from Nicola, CEO of Forex48 Trading Academy.
In the first case, the Forex48 block is already validated, but I will wait for an entry at the 50% Fibonacci level of the block in question. Furthermore, I will wait for the entry during tomorrow's London session after the news if there are further confirmations.
Greetings and happy trading to everyone from Nicola, CEO of Forex48 Trading Academy.
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📚 FREE Course: forex-48.com/free-education
🤑 FREE Signals & Setups: t.me/Forex48TradingAcademy
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