GBPUSD OVERVIEW for the month of June
GBPUSD Overview -
Monthly Closure - Strong Bullish closure previous resistance level (very similar situation to GBPAUD) https://www.tradingview.com/x/3IjNWhUE/
Weekly chart - market structure broke previous level of resistance and is creating a new HH, previous candle closure bullish ( however, not the strongest bullish candle)[url= tradingview.com/x/KpdWJBJX/]
Daily Chart - Overall in an uptrend, stalling at previous resistancehttps://www.tradingview.com/x/3IjNWhUE/ level.
H4 Chart - previously ranging, had a break above the range's resistance! Currently retracing https://www.tradingview.com/x/9KEapMfd/
30m chart - we had a break of previous level of resistance, and started pulling back! Could this retrace to the 100% fib level which is the last level of support and if a rejection does occur from this level would create a double bottom around the H4 61.8%... https://www.tradingview.com/x/NyHNCTmv/
Monthly Closure - Strong Bullish closure previous resistance level (very similar situation to GBPAUD) https://www.tradingview.com/x/3IjNWhUE/
Weekly chart - market structure broke previous level of resistance and is creating a new HH, previous candle closure bullish ( however, not the strongest bullish candle)[url= tradingview.com/x/KpdWJBJX/]
Daily Chart - Overall in an uptrend, stalling at previous resistancehttps://www.tradingview.com/x/3IjNWhUE/ level.
H4 Chart - previously ranging, had a break above the range's resistance! Currently retracing https://www.tradingview.com/x/9KEapMfd/
30m chart - we had a break of previous level of resistance, and started pulling back! Could this retrace to the 100% fib level which is the last level of support and if a rejection does occur from this level would create a double bottom around the H4 61.8%... https://www.tradingview.com/x/NyHNCTmv/
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.