GBPUSD 4hr Analysis
This is GBPUSD 4hr ChartThis is GBPUSD 4HR analysis
Price has broken an descending Trendline and is currently retesting prior resistance in hopes to create a new support.
For a BUY I will be waiting for a couple of 4hr candles to form in the bottom green circle and wait till we get a couple of bullish 4hr candles and also watching how price reacts on the 1 HR timeframe around the 1.3000 area.
For a SELL price needs to TANK through that bottom green circle. Then i will wait for the retest of resistance for a safe sell.
Price has broken an descending Trendline and is currently retesting prior resistance in hopes to create a new support.
For a BUY I will be waiting for a couple of 4hr candles to form in the bottom green circle and wait till we get a couple of bullish 4hr candles and also watching how price reacts on the 1 HR timeframe around the 1.3000 area.
For a SELL price needs to TANK through that bottom green circle. Then i will wait for the retest of resistance for a safe sell.
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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.