Hello traders!
What’s your take on
GBPUSD ?
GBP/USD has entered a correction phase after its recent rally and is now testing a key resistance zone.
Despite the short-term pullback, the medium to long-term trend remains bullish.
I expect the price to complete its retracement near the identified support area (around the 0.618 Fibonacci retracement level), and then resume its upward move toward the next target above resistance.
This pullback could present a buying opportunity in line with the broader trend.
Be sure to manage your risk wisely with proper TP and SL placements.
What’s your take on
GBPUSD ?GBP/USD has entered a correction phase after its recent rally and is now testing a key resistance zone.
Despite the short-term pullback, the medium to long-term trend remains bullish.
I expect the price to complete its retracement near the identified support area (around the 0.618 Fibonacci retracement level), and then resume its upward move toward the next target above resistance.
This pullback could present a buying opportunity in line with the broader trend.
Be sure to manage your risk wisely with proper TP and SL placements.
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✅You can get 7-10 Forex, XAUUSD, Bitcoin...signal every day
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+O3-l2fUUSpU1NGRl
✅ Trading knowledge and answers to questions 24/7
✅Completely free.
👉Join by clicking the following link:
t.me/+O3-l2fUUSpU1NGRl
Related publications
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.