TradingView
ThinkingAntsOk
May 29, 2019 2:19 PM

Prepare for going long on GBP/USD by ThinkingAntsOk Long

British Pound/U.S. DollarFXCM

Description

1H CHART EXPLANATION:

As we can observe, price is making a double bottom at the Support Zone. If the upside movement is confirmed, price has potential to reach the Resistance Zone. We will wait for a price action confirmation like a breakout of the structure and a bullish candlestick pattern to take any position.

4H CHART:





*Please note that the above perspective is our view on the market, we do not provide signals and take no responsibility for your trades.
More