GBPUSD - Quick thought on price direction - PRICE ACTION!

24 de jan. de 2023

GBPUSD had a rejection at a SUPPORT ZONE - around 1.2340, price was pushed back up from the zone - making it a demand zone, more buyers are coming in, this area falls on my 61-79% fib retracement on 4HR chart, and falls on a uptrend line. BUY is possible at the zone indicated on my chart and the chart says the rest.
NOTE: Use proper risk management!
COMMENT PLS - Important too!