UnknownUnicorn18142411

GBPUSD Multi time frame analysis 1 of 2

Long
FX:GBPUSD   British Pound / U.S. Dollar
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is 1 of 2.

Pair : EUR/USD
Time-Frame - Daily
Biased - Bullish

Price on the daily tested a major support zone on two occasions and was respected with a strong bullish Impulse on Friday making a new high. In result of this , this confirms a chart pattern of double bottom forming a new neck line .

Now there is a new high I will be waiting for a pull back to the neck line to see if any potential entry criteria present it self for potential upside .
Comment:
Pair : GBP/USD
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.