GBP(Vs)USD
Hello everyone. Great Britain Pound Vs United Stated Dollar, I am very bullish on the "The Cable". Based off the 4H alone we can see price was descending to the downside looking to the left. As price found support around 1.32000 showing signs of exhaustion, we also began to see HLs forming right back into the 1.23650 zone formed by a previous LH. Both breaking and closing the resistance zone, price pushed out to about 1.33565. At this point we think retracement in the case you may have pulled out fibs to give a projection for the upcoming move. Price is flowing so I suggest you do the same. Trade great ladies and gentlemen. Thank you.
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.
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.