"Top and Bottom Analysis" GBP/USD by ThinkingAntsOk
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4H CHART EXPLANATION:
Price has been on a bearish trend since March '19. It is currently facing the Support Zone, so we expect an upside movement. However, it has to break some structures to reach the top of the range, this is why if you take long positions on this pair you should be careful and manage your position.
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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.