GBPUSD Analysis & Trade Idea
Opening a long position because of multiple bullish signals at the current market price.!! GBPUSD is bouncing from
Support level with engulfing candle & bullish divergence. Tp1 & 2 are set according to the upcoming resistance levels.
Bullish Signals:
1. 4hr bullish trend continuation
2. 1hr Trendline Support
3. Support at 1.17910
4. Bullish Divergence on Multiple TF
5. Bearish Divergence on US$
Support level with engulfing candle & bullish divergence. Tp1 & 2 are set according to the upcoming resistance levels.
Bullish Signals:
1. 4hr bullish trend continuation
2. 1hr Trendline Support
3. Support at 1.17910
4. Bullish Divergence on Multiple TF
5. Bearish Divergence on US$
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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.
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.