Potential Long Scenario for GBPUSD

FX:GBPUSD   British Pound / U.S. Dollar
I have gone back to basics with this analysis and using simple price action to illustrate how higher highs and higher lows help build a bigger picture. What I have also done is highlight simple structure analysis which every trader in my opinion needs to understand to be effective.

Price is currently sat at Daily Structure. I lean towards a more bullish bias for this pair due to price action however I have also highlighted a bearish target should price drop below the current strucutre level.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out