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Wednesday, March 24, 2021

⚠️ GBPUSD: trade in the options seller's loss zone

⚠️ GBPUSD: trade in the options seller's loss zone

GBP/USD OANDA:GBPUSD

🌐 The main scenario for the development of events today is the termination of the medium-term support area 1.3696-1.3673, where medium-term orders for buying institutional hedgers are located.
The main scenario in the context of the equator of the trading week is a successful test of this support and a subsequent rise to the day's balance (1.3758).
❌ If it breaks through and consolidates above the balance of the day, the next growth target within the trading week is the market maker's loss level (1.3806).
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