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-On a 1-hour chart, we can see that the price reached a support zone and we can see that the price is forming bullish hidden divergence, which is a solid sign for a continuation in a bullish direction.
-On a daily 1-hour base GBP is a little bit stronger than USD and on a 4-hour base, GBP is weaker than USD.
-If GBP remains stronger than USD then we can expect bullish movement and if USD remains stronger than GBP then we can expect bearish movement.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
-On a 1-hour chart, we can see that the price reached a support zone and we can see that the price is forming bullish hidden divergence, which is a solid sign for a continuation in a bullish direction.
-On a daily 1-hour base GBP is a little bit stronger than USD and on a 4-hour base, GBP is weaker than USD.
-If GBP remains stronger than USD then we can expect bullish movement and if USD remains stronger than GBP then we can expect bearish movement.
-WHAT DO YOU THINK ABOUT THIS SETUP?
Please let me know in the comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.
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.