GBP/USD Fresh Buyers Within 1.2880-1.2895 Zone

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Hi traders,

The GBP/USD has bounced above W H4 camarilla pivot and at this point it is having a retracement. Fresh buyers might be lurking just below.

The POC zone 1.2880-95 should be watched as fresh buyers might emerge if the price gets in the zone and makes a reversal pattern. In that case targets will be 1.2930 and 1.2997. However a close above 1.3000 should make a continuation pattern towards 1.3072. Only below 1.2810 the pair will get back into a neutral territory.

The analysis has been done with the CAMMACD.MTF template.

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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