Get started
TheCryptagon

GBPUSD Pullback on a Support Zones expected. 1.2400 upside targe

British Pound / U.S. Dollar (FX_IDC:GBPUSD)  
TheCryptagon  
FX_IDC:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD GBP USD Forex currencytrading currency forextrading
15
6
trendanalysis chartpattern indicator gbpusd gbp usd forex currencytrading currency forextrading
The GBPUSD pair hit Resistance Zone A and is consolidating. Sign of selling accumulation.

The 4hour RSI is on the Overbought limit, therefore a pullback is expected to normalize this effect.

Support Zone A is the strongest call as the 4hour MA50 will also enter it by tomorrow.

Buy and set a long term Target at 1.2400.

Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!

🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰

TELEGRAM: t.me/thecryptagon
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.