Examining the GBPUSD price, it's evident that the market has been moving sideways since December of the previous year. During such periods, it's advisable to refrain from taking any action and patiently await a clear market direction. Executing trades aligned with the overall market trend is crucial, yet the current prices are not providing a distinct indication....
MY important analysis for this week in gbpusd, look carefully at the areas and save that analysis for later and leave me your opinion, thank you for your support
GBPUSD broke out of the resistance and it has turned the previous resistance now to support.
I am anticipating a continuous upward trend to the to the target levels marked above.
However, if price falls back below the support, I may look for a sell short. (GU hasn't ben my favourite to trade lately)
What is your anticipation? Kindly Like, comment and share
Jut my thoughts on GBPUSD. Looking for a bounce from the supple level. Slight break and retest continuation to form head and shoulder pattern. Potentially taking profit at 1:2 RR. Target 2 is at the head level and Target 3 is key level on the 4h/D T.F
dont trade before SELL stop, if you get 20 to 30 pips kindly close,its good for investment 2% risks.
if you wanna more pips fully risks for urs.
we are only try to hit baby pips if you like this analysis,please support our idea by hitting the like button and share to ur frnz. we will support start to end trading
hava a great trading!
Sell now
Place your Orders as mentioned above
Then wait for the first Target and if happen move stops to entery point and wait for Target too.
PS: Always place your stoploss
Good Luck!
