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GBP/USD Break or Bounce? 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 analysis setup dollar pound
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trendanalysis supportandresistance mtfa gbp usd gbpusd long short analysis setup dollar pound
🔸 4H CHART EXPLANATION:
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🔸 Price is facing the Ascending Trendline.
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🔸 If it bounces, it could make a bullish move towards the Resistance Zone.
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🔸 If the Trendline is broken to the downside, the target of the move is the Support Zone.
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🔸 Will look for lower timeframe setup when the direction is clear.

🔸DAILY CHART ANALYSIS:

snapshot

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