GBP/USD Impulse coming take a look!
🔸️Ticker Symbol: GBP/USD🔸️Timeframe: 4 Hour🔸️Investment Stratey: Neutral
TECHNICAL ANALYSIS: GBP/USD is currently showing a sell signal on the 4H timeframe which does indicate a possible small sellof to come but I want to bring your attention to our bottom dashboard indicator. At the moment you can see that our white line representing market momentum is shifting higher while the price of this this pair is shifting lower. This historically does suggest that we could see a push higher in the coming week if we can find a strong level of support since the amount of money flowing into the marekt is still continuing to rise. The key factor I'll be watching is to see when our middle band on the bottom dashboard turns from red to green meaning bullish market momentum which would give me added confirmation that a long position is triggered.
đź”” Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
TECHNICAL ANALYSIS: GBP/USD is currently showing a sell signal on the 4H timeframe which does indicate a possible small sellof to come but I want to bring your attention to our bottom dashboard indicator. At the moment you can see that our white line representing market momentum is shifting higher while the price of this this pair is shifting lower. This historically does suggest that we could see a push higher in the coming week if we can find a strong level of support since the amount of money flowing into the marekt is still continuing to rise. The key factor I'll be watching is to see when our middle band on the bottom dashboard turns from red to green meaning bullish market momentum which would give me added confirmation that a long position is triggered.
đź”” Follow for daily stock, crypto and forex technical analysis.
⚠️ Trading is risky and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.
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