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GBPUSD BUY: Daily & 4hr

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Paun British / Dolar A.S. (FX:GBPUSD)  
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FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD Forex
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trendanalysis harmonicpatterns chartpattern gbpusd forex
snapshot
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GBPUSD Daily:
• Price is stuck in an area of consolidation in between levels 1.2700 & 1.2622 for the past 8 days.
• Yesterday candle closed as a bullish inverted hammer at 1.2622 signalling possible bullish move to the top of range (1.2700) is expected.
• Overall move is still bearish for me to 1.2531 4hr support, however we need to break out of range.

GBPUSD 4hr:
• Although ascending trendline was broken and retested price couldn’t break below 1.2622 (out of the range) and rallied up to 1.2640.
• Waiting for a 4hr break and retest of 1.2640 before looking for long positions.
Pesanan dibatalkan:
4hr held Strong and as stated price looks to be making its way down to overall target 1.2531
Penafian

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