Main Analysis
Analysis Week - 22 Apr 2024
Daily - Bearish
Cloud (D) - Below Cloud
Weekly - Bearish / Range
Cloud (W) - Within Cloud
Mid Term - Range
20 x 50 D SMA - Below
50 x 200 D SMA - Above
2024 Target
20 Apr 2024 <6M> - 1.27-1.28
__________________________________________________________________
Looking for a Fib Symmetry Correction
+170pips from Low Swing; Estimate Low 1.2350
Analysis Week - 22 Apr 2024
Daily - Bearish
Cloud (D) - Below Cloud
Weekly - Bearish / Range
Cloud (W) - Within Cloud
Mid Term - Range
20 x 50 D SMA - Below
50 x 200 D SMA - Above
2024 Target
20 Apr 2024 <6M> - 1.27-1.28
__________________________________________________________________
Looking for a Fib Symmetry Correction
+170pips from Low Swing; Estimate Low 1.2350
Trade closed: stop reached
Refer to Updated GBPUSD IdeaDisclaimer
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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.