British Pound / U.S. DollarUpdated GBPUSD MULTI-TIMEFRAME ANALYSIS 04/01 to 08/01 UPDATE!!
Monthly, Weekly and Daily price structure is bullish . So there is no situation where we will be looking for shorts. Price currently retraces to a support zone as highlighted on the Daily time-frame. However the H4 market structure is currently bearish . Therefore it will be better to wait for the H4 market structure to turn bullish before going in for longs.
Risk: NFP today.
Trade Safe!
Good Health! Good Wealth!
Risk: NFP today.
Trade Safe!
Good Health! Good Wealth!
Note
Price reacted well at the support zone.
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