GBPUSD Price Analysis: Zones To Watch| 11 Mar

M15 & H1 Intraday Key Levels|  Bullish Bias

Market Structure: Bullish

Intraday Sentiment: Buy On Dips

Session Focus: London| Nyc

London Market Overview

The price trades in bullish structure, while the price hasn’t formed any new support on higher time frame h1. Meanwhile shorter time frame support will remain valid at 1.33846 on m15


Support Zones

M15 Support Zone

1.33846 – 1.33825

Pending Support Zone

Expected Support Region

H1 Support Zone

As the price trades in bullish momentum but the price hasn’t established any new support on higher time frame. A decisive close above 1.34837 could establish the new support on higher time frame h1.

Resistance Zones

M15 Resistance Zone\H1 Resistance Zone

As the price continue to trade in bullish direction, hence no new resistance has established by the price on higher time frame h1. Meanwhile the higher time resistance will remain at 1.35737 on h4 time frame.

Session Strategy

The buyers are controlling the higher time frame bias, meanwhile the price hasn’t established or formed any new resistance on higher time frame. The sellers are present at h4 time frame at 1.35737 can dominate the price. A decisive close above 1.34837 could establish the new support at 1.34135 on higher time frame h1. Until that shorter time frame support will remain valid at 1.33846. Meanwhile the buyers will continue to dominate the price.

Nyc Session Outlook

The price continues its bullish momentum on higher time frame, while the price hasn’t established any new support on any time frame, meanwhile the shorter time frame support m15 will remain valid at 1.33846.

Key Support And Resistance Zones

M15 and H1 Support Zone

As the price trades in bullish momentum hasn’t established any new support on the higher time frame h1, meanwhile the shorter time frame will remain valid at 1.338461.33824

M15 and H1 Resistance Zone

Despite the ongoing bullish momentum, the price hasn’t formed or established any new resistance on m15 and h1 time frame. Meanwhile awaiting for the new structure.

Session Strategy

The upside momentum remains intact until the price holds the last support at 1.34140 on higher time frame. A decisive close below 1.34140 on higher time frame would establish the character change of m15 and h1 both the time frame which could expose the new resistance at 1.34472 on m15 and 1.34416 on h1 time frame. Until that the buyers will continue its dominance.

Key Takeways

Trend: Bullish

Bias: Buy On Dips

Follow H1 Structure

Disclaimer

This analysis is for educational and informational purposes only. It does not constitute financial advice. Always manage your risk and trade responsibly.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top