GBPUSD long
All timeframes are pointing towards GBPUSD going up.
3 month:
Targets are at 1.3900 after price broke previous support at 1.2050 and retested it.
Monthly:
We can see that orders are not enough to go to 1.3900.
Hence, price has gone to a region it can fill orders at 1.2500
Weekly:
We can see that price formed a 3 pin pattern.
I expect price to go lower before we see upside
Daily:
Last week, price did not reach its target of 1.2820
The sudden downtrend shows that price will collect orders at 1.2567 before going up
4 hour:
Just like the daily, we see that price has major liquidity at 1.2567, where we will look to go long
3 month:
Targets are at 1.3900 after price broke previous support at 1.2050 and retested it.
Monthly:
We can see that orders are not enough to go to 1.3900.
Hence, price has gone to a region it can fill orders at 1.2500
Weekly:
We can see that price formed a 3 pin pattern.
I expect price to go lower before we see upside
Daily:
Last week, price did not reach its target of 1.2820
The sudden downtrend shows that price will collect orders at 1.2567 before going up
4 hour:
Just like the daily, we see that price has major liquidity at 1.2567, where we will look to go long
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