GBPUSD Analysis: Support and Resistance Trade Setup
Trade Strategy: Support and Resistance
Key Levels:
- Support at 1.2435 (1-hourly chart)
- Resistance at 1.2534 (1-hourly chart)
Analysis:
- Importance: Utilizes support and resistance levels for trading opportunities
Trade Plan:
- Buying Opportunity: Look for buy entries near support at 1.2435
- Shorting Opportunity: Consider shorting near resistance at 1.2534
Insights:
GBPUSD presents support and resistance trading opportunities on the 1-hourly chart. Traders can consider buying near support and shorting near resistance levels for potential profits.
📈📉 Stay alert for trading opportunities based on support and resistance levels in GBPUSD!
Key Levels:
- Support at 1.2435 (1-hourly chart)
- Resistance at 1.2534 (1-hourly chart)
Analysis:
- Importance: Utilizes support and resistance levels for trading opportunities
Trade Plan:
- Buying Opportunity: Look for buy entries near support at 1.2435
- Shorting Opportunity: Consider shorting near resistance at 1.2534
Insights:
GBPUSD presents support and resistance trading opportunities on the 1-hourly chart. Traders can consider buying near support and shorting near resistance levels for potential profits.
📈📉 Stay alert for trading opportunities based on support and resistance levels in GBPUSD!
We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
tiktok.com/@raynlim
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
tiktok.com/@raynlim
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.