GBPUSD Market Outlook – 19 Aug 2019

It was not long ago that GBPUSD hit the 3 years low. Of course, any strong bearish movement will be followed by some bullish reaction. I have marked the supply zone. The supply zone at the moment tested twice but it did serve as reversal point. This means that any significant bullish reaction in the future will need to penetrate this supply zone to prove its strength.

Download link to Ace Supply Demand Zone Indicator.

Here is link to our Harmonic Pattern Scenario Planner

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