TradingAxis

GBPUSD > Best Place for A Buy!!

Long
FX:GBPUSD   British Pound / U.S. Dollar
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Analysis of #GBPUSD

Hello friends,

The GBPUSD has been moving higher, but somewhat out of momentum, as you can see on the chart the market is trading near the trend line resistance and may soon move to near support zone 1.3680-1.3700.

What I will be doing is to wait for the price moves to the near support zone I will look for a rotation pattern to enter long targeting the resistance zone


let me know in the comment what pair you want to see the analysis for in my next free analysis

Safe trading everyone

Check today analysis below⠀

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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
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Comments

impeccable analysis! 🦐💎
+1 Reply
TradingAxis plancton0618
@plancton0618, thank you my friend
Reply
i think a bearish wedge
Reply
i'm shorting, now it hit the temporary support. If seller is losing momentum , then the scenario might happen , price will move up.
the closing of this candle stick is crucial to exit , or to initiate a new buy
Reply
all the best buddy
Reply
TradingAxis DACapitalTrading
@DACapitalTrading, thank you
Reply
Yeah, this is a very likely scenario!
Reply
hahaha I'm in short
Reply
do you recommend it?
Reply
Perfet idea right on point
Reply
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