- The overall trend on GBPUSD continues to be bullish, making it an attractive option for buyers.
Long Trade Scenario:
- Daily Chart: A potential Bullish Shark Pattern nearing completion at 1.1937 suggests a buying opportunity.
Short Trade Considerations:
Personally, I'm inclined towards a shorting opportunity. Two potential setups catch my attention:
- 1-hourly chart: A key resistance level at 1.2174.
- Daily Chart: A Bearish Butterfly Pattern may complete at 1.2244.
I'm keen to hear your thoughts. What's your trade plan? Comment down below.
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🕒 Work 15mins to earn additional income
🏦 Qualify Financial Analyst within 90days
🎤 Keynote Speaker
🧠 21yrs in trading
🧑🏫 18yrs in coaching
🚀 Get into our Discord to receive our live market analysis!
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🏦 Qualify Financial Analyst within 90days
🎤 Keynote Speaker
🧠 21yrs in trading
🧑🏫 18yrs in coaching
🚀 Get into our Discord to receive our live market analysis!
discord.gg/AKDr9vPqH7
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.