GBP/USD Trade Breakdown
4H,1H & 15min Bullish Market Structure. Price formed a 1H Support on Key Level 1.23000 and 4 consecutive Bullish break and retests on 15min trendline. Above weekly pivot level, 1h and 5min Moving Averages, aswell as 5min Algo Strong Buy. Daily, 4H and 1H Candles flipped Bullish. Entry taken after 15min Support close on the 4th Pullback targeting 1H Resistance.
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.