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HomeContributorsTechnical AnalysisGBP/USD Could Start A Move Up After Order Block Retest

GBP/USD Could Start A Move Up After Order Block Retest

Elite CurrenSea
By Elite CurrenSea

GBP/USD has formed an order block at the POC zone. We should see a bounce.

W L5 – M L4 and 88.6 have formed the POC zone 1.4000-4010. We could see a move up from the zone straight towards M L3 and W H5. If the price goes lower, watch for a rejection of the POC. Targets are 1.4181 and 1.4243. If the order block holds bulls will be in control.

Elite CurrenSea
Elite CurrenSeahttps://www.elitecurrensea.com/
Elite CurrenSea Accessible Forex Trading Systems & Education With over 30 years of combined trading experience, we design, test, and provide successful Forex, CFDs & Crypto trading systems and solutions for retail and institutional traders alike.

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