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Forex_Guider
Jun 13, 2021 6:44 AM

GBPUSD-long Long

GBP/USDOANDA

Description

#GBPUSD market is moving in the bullish channel when we see in D1 timeframe so it is following the bullish trend. At the same time when observing in the H4 timeframe, it is moving in a horizontal channel, and Doji is formed after a bearish impulse so there is a buying opportunity at least up to 50+ PIPS up to 1.41103. After that market is going to show sell as it will revert after hitting strong weekly resistance.
Comments
maxaus
Out of the channel. Going short i guess...
Forex_Guider
@maxaus, out of the channel but still support is in play it is not able to cross it .So no short at the point until support is broken
SoulDavies
Correct..
Forex_Guider
@Frankyberry, appreciated
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