GBPUSD (4h) analysis (read caption)
Updated
GBPUSD pair within a parallel channel. With GBPUSD currently at 1.2722, anticipate a pullback to either 1.27380 or 1.27440, which are resistance zones. If the market fails to break through these zones, expect a downturn towards the demand zone at 1.26560. I suggest setting a stop loss at 1.27700 to manage risk. Remember to monitor the market closely for any changes in price action.
if you like idea so please comment like and follow thank you for support
if you like idea so please comment like and follow thank you for support
Trade active
GBPUSD nicely running profit
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.