On my analysis released yesterday I gave my overview on GBPUSD and where I believed price would be moving towards during London Session.
GBPUSD is currently in an downtrend alongside was daily Support Zone which has been tested multipe times in the past, making it a great area for counter-trend opportunities.
Daily Support Zone (1.35640 - 1.36220)
During the London session, markett did a 1,2,3 Engulfing Candlestick formation! Entered @ close of Engulfing Candle, Indication of a reversal to the upside.
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