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DJW1998
Jul 19, 2021 12:14 PM

GBPUSD - APPROACHING SUPPORT  Long

British Pound/U.S. DollarFXCM

Description

Hi everyone,

Please see attached my GBPUSD analysis.

I have marked up on the chart the support area which has been respected previous and hasn't managed to be broken since march.

The level which is around the 1.36693 has acted as support so I will be waiting for a possible sign of reversal by going into smaller time frames looking for pivot candles.

Watch this one closely.

Any likes and comments would be appreciated.

DWFX
Comments
alinp96
agreed friend. might have a reversal
DJW1998
@alinp96, Hopefully, RSI is near oversold area so could be a buy opportunity coming.
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