GBPUSD - ANALYSIS
👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on GBP/USD with you.
Based on the current market structure, I anticipate further bearish movement in GBP/USD. I expect it to reach the zone between 1.22014 and 1.21685.
However, if GBP/USD breaks above 1.24721 on the 1H timeframe, I expect it to push higher towards the zone between 1.25770 and 1.25669.
📉 Expectation:
Bearish continuation towards 1.22014–1.21685, unless the 1.24721 level is broken. In that case, a bullish move towards 1.25770–1.25669 is expected.
💡 Key Levels to Watch:
Resistance: 1.24721 (breakout), 1.25770–1.25669
Support: 1.22014–1.21685
💬 What’s your view on the GBP/USD this week? Share your thoughts in the comments below!
Trade safe
Hello, everyone! I hope you're all doing well. Let me share my personal view on GBP/USD with you.
Based on the current market structure, I anticipate further bearish movement in GBP/USD. I expect it to reach the zone between 1.22014 and 1.21685.
However, if GBP/USD breaks above 1.24721 on the 1H timeframe, I expect it to push higher towards the zone between 1.25770 and 1.25669.
📉 Expectation:
Bearish continuation towards 1.22014–1.21685, unless the 1.24721 level is broken. In that case, a bullish move towards 1.25770–1.25669 is expected.
💡 Key Levels to Watch:
Resistance: 1.24721 (breakout), 1.25770–1.25669
Support: 1.22014–1.21685
💬 What’s your view on the GBP/USD this week? Share your thoughts in the comments below!
Trade safe
Trade active
1.24721 breaks and next target 1.25700Trade closed: target reached
i see this senario
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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.
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.