GBPUSD is in a strong uptrend, Price has just broken the resistance zone of 1.37500.
All the bullish momentum is heading towards the resistance zone of 1.388.
If there is a close of the h4 candle below the resistance zone of 1.375, there will likely be a Pullback to 1.363 to find more buying momentum towards the target at the resistance zone of 1.388
📈 Key Levels
Support: 1.375-1.363
Resistance: 1.388
📊 Recommended Trade Setups
BUY GBPUSD 1.375-1.373 Stoploss 1.37000
BUY GBPUSD 1.363-1.361 Stoploss 1.35800
SELL GBPUSD 1.388-1.390 Stoploss 1.39300
All the bullish momentum is heading towards the resistance zone of 1.388.
If there is a close of the h4 candle below the resistance zone of 1.375, there will likely be a Pullback to 1.363 to find more buying momentum towards the target at the resistance zone of 1.388
📈 Key Levels
Support: 1.375-1.363
Resistance: 1.388
📊 Recommended Trade Setups
BUY GBPUSD 1.375-1.373 Stoploss 1.37000
BUY GBPUSD 1.363-1.361 Stoploss 1.35800
SELL GBPUSD 1.388-1.390 Stoploss 1.39300
Trade active
there is not much momentum ☘️My Telegram Channel: t.me/VHTraderFX
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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.
☘️My Telegram Channel: t.me/VHTraderFX
Join me to get Trading signals, Trading knowledge for investors
Join me to get Trading signals, Trading knowledge for investors
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.