GoldenEngine

GBPUSD Coming Movement Analysis

GoldenEngine Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBP/USD
Analysis -
4hr Chart / Daily
——
Report " For long Idea — We waiting For Main Break Out at 1.26000 Area .. That is key level and Point of Control and Ultra Voulem Turn Area - For More Confirmation- In order to have long Position Chance to Catching a higher line of up Channel - we Should Have Break Out+ Retest at Day high 1.26300 to Targeting Higher level
1.27500 Area - 2nd Area is 1.28350 - MR - KL

Why 1.28350 is Important Reversal Area

Value Area — 161 % Fibo Golden
Ultra High Volume Spark + Value
Turn level Supply level
Daily Down Trend + Quarter High

For Short Idea — We waiting For Main Break Out at 1.25000 Area .. That is key level and Point of Control and lower line for Triangle to Target Area 1.24000 Area- In order to have Short Position Chance to Catching a Lower level l At Support D / K 125 Point level .. Day Key and 2nd Target is 1.22500

Why 1.22500 is Important Reversal Area

High Volume Area + Value
Weekly Support
100 % Fibo long Wave Expansion + Monthly Support
Month low + Up Trend
Comment:
Break Out Our level .. need 4hr candle confirmation close above
Comment:
After 4 hr Candle Close we will wait To next 4hr Candle Return to Our Broke level and enter long Position

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