GBPUSD 20 Apr 2024

Main Analysis

Analysis Week - 22 Apr 2024

Daily - Bearish
Cloud (D) - Below Cloud

Weekly - Bearish / Range
Cloud (W) - Within Cloud

Mid Term - Range
20 x 50 D SMA - Below
50 x 200 D SMA - Above

2024 Target
20 Apr 2024 <6M> - 1.27-1.28
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Looking for a Fib Symmetry Correction
+170pips from Low Swing; Estimate Low 1.2350

Trade closed: stop reached:

Refer to Updated GBPUSD Idea