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GBP/USD Mid-term Analysis by ThinkingAntsOk

British Pound / U.S. Dollar (FX:GBPUSD)  
ThinkingAntsOk  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP USD GBPUSD LONG short Bullish Patterns Bearish Patterns analysis setup
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trendanalysis supportandresistance mtfa gbp usd gbpusd long short bullish bearish analysis setup
🔸 DAILY CHART EXPLANATION:
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🔸 Price is facing the Resistance Zone.
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🔸Also, above this zone, is the confluence zone between the two trendlines.
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🔸 In case of a bounce, we could see a bearish move towards the Support Zone, and, in case of a breakout the bullish move could reach the Resistance Zone.
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🔸 Will look for a lower timeframe setup when the direction is clear.

🔸 4H CHART ANALYSIS:

snapshot

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