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  • Vasily Trader

GBPUSD: Safest Place to Buy (structure analysis)



hey traders,


We finally see a nice pullback on GBPUSD .

Though for now, it is not clear, how long it will last,

here is the safest zone for you for buying the pound.


Take a look at 1.35 horizontal structure.

It is a recent major level, and definitely, it will be important for the market participants.


Also, pay attention to a major rising trend line .


These two structures form a perfect confluence zone,

from where the next swing move may start.


Remember, that I am not forecasting a fall to that zone,

but simply want you to pay attention to it.

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