GBPUSD may have completed a final leg of a Bat Harmonic with price travelling from the Supply to Demand Zone
As this is a fresh test of Demand a reaction is anticipated.
Price is Oversold.
Looking for a Bounce towards the .382 - .618 fib. from which a trade in the major trend direction can be taken.
Trade on chart.
As this is a fresh test of Demand a reaction is anticipated.
Price is Oversold.
Looking for a Bounce towards the .382 - .618 fib. from which a trade in the major trend direction can be taken.
Trade on chart.