MountOlympusFx

GBPUSD Range: Weekly, Daily & 4hr analysis.

FX:GBPUSD   British Pound / U.S. Dollar


GBPUSD Neutral

+ Weekly: Last week candle closed as a hammer candle above 1.3200 monthly after a very long rejection. Pair still looks bullish. Moving averages bullish.

+ Daily: The long-term ascending trendline 4th bounce just occurred. Price tried to break 1.3225 but rejected for a 3rd day and closed as a possible shooting star. Price trapped in a triangle.

+ 4hr: Price is currently in a small range. Could trade inside the range or wait for a breakout.
Comment:
Private message me for the link to my telegram channel with more frequent trades, trade entries, stop losses, take profit levels and risk to reward ratios!!
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.