10d • Trade RoadMaps
GBPUSD 9-13TH MARCH
We have seen an SMT mitigation that led into an inducement, followed by a break and retest that mitigated the S2D demand zone. Price has now broken higher, confirming the inducement and signalling bullish price action.
We are currently trading within the main bullish push. The marked target sits roughly 450 pips away. While I highly doubt this target will be reached within the next two weeks, it is still important to know the overall objective of the move.
Having this context helps reduce confusion and prevents forcing trades in the market.
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GBPUSD 9-13TH MARCH
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