British Pound / U.S. Dollar
Short
Updated

GBPUSD Longterm analysis target @0.95400

118
Hi all,

this is not investment advice..
GBPUSD is very long term analysis target @0.95400
Each bar is one month..

First harmonic pattern is GBPUSD 1M Bullish Crab Harmonic Pattern
If the Bullish Crab Harmonic pattern work, AB=CD (level) is minimum requirement ----> 1.16496

Resistance1 = AB=CD (level) @1.16496
Resistance2 = 1,272 AB = CD 1,09387
Resistance3 = 1,618 AB = CD @ 1,02740
Pattern Target = 1.618 XA @ 0.99638
Stoploss= 2.0 XA --> 0.90544

Potential Reversal Zone Area is between 1.618XA to 2.0 XA

Second Harmonic pattern is ABCD
Pattern target AB=CD (level)--->0.95400
if it is not an alternate ABCD harmonic pattern that is level is minimum

Third harmonic pattern is on RSI 1M Bullish Bat
Minimum target 0.886XA @28.27
Resistance 1.27AB=CD @25.75
Pattern target 2.618BC @24.45

Good luck
bacoskun a.k.a harmonictraderr
Order cancelled

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.