GBPUSD POTENTIAL UPSIDES AFTER THE BREAK?
Pair: GBPUSD
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern break, ascending triangle pattern
—————
Key Takeaway: Last week we saw a break of pennant pattern and the pair showed overall strength with BOE attempts in rescuing GBP. We are looking for a break of this next level of resistance and a retest before entering long although price could find is difficult to break this level and we could see downsides, we have to keep our mind open to both possibilities
—————
Level needed: need a close by 1.12330
—————
Trade: LONG
RISK:REWARD 1:6
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern break, ascending triangle pattern
—————
Key Takeaway: Last week we saw a break of pennant pattern and the pair showed overall strength with BOE attempts in rescuing GBP. We are looking for a break of this next level of resistance and a retest before entering long although price could find is difficult to break this level and we could see downsides, we have to keep our mind open to both possibilities
—————
Level needed: need a close by 1.12330
—————
Trade: LONG
RISK:REWARD 1:6
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.