GBPUSD: Important Key Levels & Structure Analysis 🇬🇧🇺🇸
Updated
https://www.tradingview.com/x/4FuVVZjj/
Here is my latest structure analysis for GBPUSD.
Horizontal Key Levels
Support 1: 1.2039 - 1.2110 area
Resistance 1: 1.2390 - 1.2463 area
Resistance 2: 1.2508 - 1.2580 area
Vertical Structures
Vertical Support 1: Falling trend line
Vertical Support 2: Falling trend line
The pair nicely respected a confluence point based on 2 falling trend lines.
Doji candlestick formation on that increases the probabilities that the pair will go higher.
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Here is my latest structure analysis for GBPUSD.
Horizontal Key Levels
Support 1: 1.2039 - 1.2110 area
Resistance 1: 1.2390 - 1.2463 area
Resistance 2: 1.2508 - 1.2580 area
Vertical Structures
Vertical Support 1: Falling trend line
Vertical Support 2: Falling trend line
The pair nicely respected a confluence point based on 2 falling trend lines.
Doji candlestick formation on that increases the probabilities that the pair will go higher.
❤️Please, support my work with like, thank you!❤️
Note
Price nicely reacted to a confluence zone based on 2 trend lines.We can anticipate a further growth before the fundamentals:
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