Here's your GBP/USD 30-minute chart with an analysis:
Key Observations:
Trend: Strong downtrend from April 30 to May 1.
Support Level: Price is testing a key support zone near 1.32800.
Oversold Structure: Multiple consecutive bearish candles suggest exhaustion; potential for a short-term bounce.
Scalping Opportunity (Buy):
Entry: 1.32750 – 1.32800 (wait for bullish candle confirmation).
TP: 1.32950 – 1.33000.
SL: 1.32650.
TRADE WITH YOUR OWN RISK ‼️‼️
Key Observations:
Trend: Strong downtrend from April 30 to May 1.
Support Level: Price is testing a key support zone near 1.32800.
Oversold Structure: Multiple consecutive bearish candles suggest exhaustion; potential for a short-term bounce.
Scalping Opportunity (Buy):
Entry: 1.32750 – 1.32800 (wait for bullish candle confirmation).
TP: 1.32950 – 1.33000.
SL: 1.32650.
TRADE WITH YOUR OWN RISK ‼️‼️
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅JOIN FREE TELEGRAM
✅t.me/+atTT3a4htZ8yZjQ0
✅DAILY 3-4 SIGNALS
✅ALL PAIRS CRYPTO & GOLD
✅t.me/+atTT3a4htZ8yZjQ0
✅DAILY 3-4 SIGNALS
✅ALL PAIRS CRYPTO & GOLD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.