GBPUSD - ANALYSIS
👀 Observation:
Hello traders! Here's my analysis for the GBP/USD pair. Currently, I anticipate the price to continue its downward movement towards the target of 1.19872.
However, if GBP/USD breaks above the 1.23220 level on the 1H timeframe and consolidates, I expect a potential bull market scenario to unfold.
📉 Expectation:
Downward trend to 1.19872 unless 1.23220 is broken.
If the 1.23220 resistance is breached, a bullish movement may start.
💡 Key Levels to Watch:
Target 1: 1.19872
Resistance to break: 1.23220
💬 What’s your take on GBP/USD this week? Let me know in the comments below!
Trade safe
Hello traders! Here's my analysis for the GBP/USD pair. Currently, I anticipate the price to continue its downward movement towards the target of 1.19872.
However, if GBP/USD breaks above the 1.23220 level on the 1H timeframe and consolidates, I expect a potential bull market scenario to unfold.
📉 Expectation:
Downward trend to 1.19872 unless 1.23220 is broken.
If the 1.23220 resistance is breached, a bullish movement may start.
💡 Key Levels to Watch:
Target 1: 1.19872
Resistance to break: 1.23220
💬 What’s your take on GBP/USD this week? Let me know in the comments below!
Trade safe
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.