Top Down Analysis GBP/USD

١٠ يونيو ٢٠١٩

Top-down Analysis respects weekly support, respects a 4-hour trendline, while on the hour Fibonacci retracement visits the .618 area showing a good sign of reversal. On the 15 minute chart we see a bullish candle engulfing a bearish candle leading us to believe that price is headed upwards.