ThinkingAntsOk

GBP/USD Bullish View by ThinkingAntsOk

Long
FX:GBPUSD   British Pound / U.S. Dollar
🔸 4H CHART EXPLANATION:
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🔸Price broke the Descending Trendline.
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🔸It is making a corrective move towards the broken Resistance Zone (now Support Zone ) and the broken Trendline .
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🔸If we see a rejection here, we consider that it has potential to reach the Resistance Zone at 1.2800, and, if this zone is broken, then the next target is the Resistance Zone at 1.31800.
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🔸 Will look for a lower timeframe bullish setup.

🔸DAILY CHART ANALYSIS:


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Comments

Nice one mate, Im bullish too.
Reply
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