GBPUSD Overview week commencing on the 13th Dec. 2021
Weekly Chart - bullish momentum (not very significant candle)
https://www.tradingview.com/x/6Mb9tiXD/
Daily Chart - Daily chart in a downtrend, broke previous level of support and trend-line also. Previous candle bullish engulfing.
https://www.tradingview.com/x/MZNV7kkx/
H4 Chart - A lot of indecision, however downtrend is still being maintained last fib being respect 61.8%.
https://www.tradingview.com/x/C9SVYXUf/
30m Chart - break of minor level of support (watch out for potential of range), would like to see a retracement to a fib level and resistance point before taking a short position
https://www.tradingview.com/x/rOdRZDxg/
https://www.tradingview.com/x/6Mb9tiXD/
Daily Chart - Daily chart in a downtrend, broke previous level of support and trend-line also. Previous candle bullish engulfing.
https://www.tradingview.com/x/MZNV7kkx/
H4 Chart - A lot of indecision, however downtrend is still being maintained last fib being respect 61.8%.
https://www.tradingview.com/x/C9SVYXUf/
30m Chart - break of minor level of support (watch out for potential of range), would like to see a retracement to a fib level and resistance point before taking a short position
https://www.tradingview.com/x/rOdRZDxg/
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