GBPUSD Range Bound
- We have 4hr Head & Shoulder Pattern.
Inverted Head & Shoulder Pattern on Daily
4hr Double Bottom at 1.4055
Unfilled gap close to 1.447
Range 1.40 and 1.45
Strategy.. Buy on dips..!!!
Note
If gbpusd remain supported above 1.417 and 1.419 then we might can see gu towards 1.43 and 1.434 for today.Note
So we now have breakout of resistance.. and prices can run 1.43 and 1.434..Break of 1.434 will lead for above 1.44 in coming sessions.
Note
If we couldnt break 1.434 then we will see gbpusd back below 1.42 and possible towards 1.414 as well..Note
gbpusd didnt taken out 1.434.. so now 1.4135 on way.
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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.