GBPUSD Buy on H4
Tendency: The Downward Channel model is defined at May 8-22: 00. This model is still in the process of forming. The price action is likely to increase towards the resistance of 1.3079 within the next 1 - 3 days
--> Buy above 1.2988
--> TP: 1.308, SL 1.288
Support Level: 1.2988 The last TP of the Downward Channel Model
Resistance Level:1.308 The last TP of the Channel Model goes down.
Tendency: The Downward Channel model is defined at May 8-22: 00. This model is still in the process of forming. The price action is likely to increase towards the resistance of 1.3079 within the next 1 - 3 days
--> Buy above 1.2988
--> TP: 1.308, SL 1.288
Support Level: 1.2988 The last TP of the Downward Channel Model
Resistance Level:1.308 The last TP of the Channel Model goes down.