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ThinkingAnts

"Top and Bottom Analysis" GBP/USD by ThinkingAnts

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
ThinkingAnts  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBPUSD GBP USD Forex
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trendanalysis supportandresistance mtfa gbpusd gbp usd forex
4H CHART EXPLANATION:

- Price bounced on a Daily Resistance Zone, and then broke an Ascending Trendline.

Now we are waiting for a bearish movement below the Support Zone at 1.29600 level towards 1.24800 being careful of the middle Support Zone at 1.27600.
If price move as expected we will be looking for Short Setups on the area.


Updates coming soon!


MULTI TIMEFRAME VISION

-Weekly:
snapshot


-Daily:
snapshot

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