GBPUSD H4. This Analysis Based On Price Action Theory.

11 Okt 2020

We Have an Analysis Of GBPUSD H4. This Analysis Based On Price Action Theory.

According to Multiple Analysis, We Can See That the Market has a Bullish Direction Because The Market Price Already Decline From the Previous Resistance level@1.3046 with the Trend line also Retest. So according to this Market will keep moving to an uptrend. Two ✌️ new levels (resistance) @1.3100. & @1.3250.

For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The Both are reflected Market Bullish Pattern.

I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.

Thanks

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shivamfx Technical Team

Note- Please Take Only Two ✌️ % Risk On Given Analysis