The 5%ers' Blog

Key Levels GBPUSD 17/06/18

June 17, 2018 | 8:25 am | The 5%ers' Blog
June 17, 2018 | 8:25 am
The 5%ers' Blog

As we can see the GBPUSD has developed a bullish momentum, most likely it’s gonna stay bullish until the price reach the supply at the top.

I’ll wait for the retrace to the demand below which is a great level of buy position to join the bullish momentum, it’s also a Quasimodo level, i’ll buy there and my first target will be the resistance above and final target is the supply at the top which is also a great supply of sell position.

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