GBP/USD Trade Idea
Hello and welcome to my Trade Idea of the currency pair GBP/USD.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe that the market is in a downtrend. The last month has a big filled candle.
Weekly: The weekly timeframe is very bearish.
Daily: On daily we see a pullback to the upside and this is a possibility for us to get back into the trend.
H4: Here we draw the counter trendline and expect a push to the lows.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe that the market is in a downtrend. The last month has a big filled candle.
Weekly: The weekly timeframe is very bearish.
Daily: On daily we see a pullback to the upside and this is a possibility for us to get back into the trend.
H4: Here we draw the counter trendline and expect a push to the lows.
Have a nice day.
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.
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.