Hi traders, GBPUSD if price go to our mentioned pattern completion area then i will be looking price action for a short position opportunity.
Trade with your own strategy GOOD LUCK.
Hello traders. The uptrend line is broken. In the daily time frame, -HD is formed. After the respective floor is broken, the price will fall to the previous floor. Are you agree?
We consider to sell this GBPUSD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
The GBP/USD bulls have almost hit the next target which was 61% Fibonacci retracement located at the level of 1.2597. the market is now consolidating in a narrow range. Please notice, there is an important intraday technical resistance 1.2620. On the other hand, the nearest technical support is still seen at the level of 1.2510 and 1.2362. The momentum is...
GBPUSD dipped on MLK day probably due to no banks in the market however, its respecting bullish fibs. ITs showing nice H4 rejection of the zone and was a H1 correction. We could now see impulsive moves higher to make new highs in the market.
