GBPUSD daily Continuous Chart Analysis

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Trading Journal

GBPUSD 1 daily Continuous Chart Analysis

I am very happy with last week price delivery. I wanted to see price expand to the sell side and it did reaching my low of 1.20889.

Prices range included swing to taking out both highs and lows with an expected consolidation at the end of the week. I believe price is delivering at a discount and so its likely to see a swing to potentially the noted IFVG at 1.21791.

Its also likely to see price deliver to 1.20359 should it continue with the bearish sentiment I am holding.

I will hunt for more evidence tomorrow am when the market opens. I also noted on the DXY chart I feel it will seek buy side and so then this market would seek sell side.

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