GBPUSD. We trade what we see
Hello everyone!
This is my analysis at this moment for GBPUSD. I have 2 scenarios for buy and sell.
As usual I will wait for price to make its move and I will start looking for LONG trade after 1.24665. Otherwise I will look for SHORT trades below 1.23545.
I have highlighted both Take profit Zones for both scenarios which are 1.25880 for Buy and 1.22093 for Sell.
You can also see 2 converging Blue Lines which I draw to show a bigger scale symmetrical triangle on this pair, in this specific case I expect a double resistance at level 1.25800.
I hope that my analysis help you to Take Profit from the market! Have a great week!
This is my analysis at this moment for GBPUSD. I have 2 scenarios for buy and sell.
As usual I will wait for price to make its move and I will start looking for LONG trade after 1.24665. Otherwise I will look for SHORT trades below 1.23545.
I have highlighted both Take profit Zones for both scenarios which are 1.25880 for Buy and 1.22093 for Sell.
You can also see 2 converging Blue Lines which I draw to show a bigger scale symmetrical triangle on this pair, in this specific case I expect a double resistance at level 1.25800.
I hope that my analysis help you to Take Profit from the market! Have a great week!
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.