GBP/USD Potential Drop by ThinkingAntsOk
🔸4H CHART EXPLANATION:
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🔸 Price bounced at the Resistance Zone.
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🔸 It has broken the Ascending Trendline.
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🔸 There is a lower timeframe corrective structure, which if it is broken to the downside, could lead to a bearish move.
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🔸 The potential target area is the Support Zone.
🔸DAILY CHART ANALYSIS:
.
🔸 Price bounced at the Resistance Zone.
.
🔸 It has broken the Ascending Trendline.
.
🔸 There is a lower timeframe corrective structure, which if it is broken to the downside, could lead to a bearish move.
.
🔸 The potential target area is the Support Zone.
🔸DAILY CHART ANALYSIS:
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