Hello everyone,
GBPUSD 4H NEW FORECAST
📈 Bullish Scenario - Buy transaction
✅ If the price stabilizes at 1.2920, the direction is up to:
🎯 1.2940 (First Level )
If 1.2940 is broken and price stays above this level for 4 hours, it shows bullish confirmation
🎯 1.2980 (Second Level)
🎯 1.3000 (the third and most important level of increase)
📌 Some important consultations:
Wait for stability with a 4-hour candle at 1.2940 for bullish confirmation.
Set Stop Loss below 1.2920 to determine loss.
📉 Bearish scenario - selling transaction
If the price stabilizes below 1.2920, the direction will drop to:
🎯 1.2875 (first level of decline)
If 1.2875 is broken and the price remains below this level for 4 hours, it indicates that the decline continues
🎯 1.2820 (final level of decline)
📌 Some important consultations:
Set Stop Loss at 1.2920 to determine loss.
Wait for stability with a 4-hour candle below 1.2875 for confirmation of a bearish.
🔹 Training to deal
✔ Organize on buying and selling strategy with 4H Timeframe.
✔ Wait for stability above or below levels to confirm up or down.
GBPUSD 4H NEW FORECAST
📈 Bullish Scenario - Buy transaction
✅ If the price stabilizes at 1.2920, the direction is up to:
🎯 1.2940 (First Level )
If 1.2940 is broken and price stays above this level for 4 hours, it shows bullish confirmation
🎯 1.2980 (Second Level)
🎯 1.3000 (the third and most important level of increase)
📌 Some important consultations:
Wait for stability with a 4-hour candle at 1.2940 for bullish confirmation.
Set Stop Loss below 1.2920 to determine loss.
📉 Bearish scenario - selling transaction
If the price stabilizes below 1.2920, the direction will drop to:
🎯 1.2875 (first level of decline)
If 1.2875 is broken and the price remains below this level for 4 hours, it indicates that the decline continues
🎯 1.2820 (final level of decline)
📌 Some important consultations:
Set Stop Loss at 1.2920 to determine loss.
Wait for stability with a 4-hour candle below 1.2875 for confirmation of a bearish.
🔹 Training to deal
✔ Organize on buying and selling strategy with 4H Timeframe.
✔ Wait for stability above or below levels to confirm up or down.
Related publications
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.
Related publications
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.