GBPUSD - ANALYSIS
👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on GBP/USD with you.
Based on the current market structure, GBP/USD is showing signs of weakness in both the 1-hour and 4-hour timeframes. I expect a potential bullish move either from the 1.24157 level or the 1.23771 level. My target for this move is within the zone of 1.25770–1.25669.
📉 Expectation:
If GBP/USD breaks below the key level of 1.22934 in the 1-hour timeframe, I anticipate a much deeper price drop for GBP/USD.
💡 Key Levels to Watch:
Resistance: 1.25770–1.25669
Support: 1.24157, 1.23771, 1.22934 (key level)
💬 What’s your view on the GBP/USD this week? Share your thoughts in the comments below!
Trade safe
Hello, everyone! I hope you're all doing well. Let me share my personal view on GBP/USD with you.
Based on the current market structure, GBP/USD is showing signs of weakness in both the 1-hour and 4-hour timeframes. I expect a potential bullish move either from the 1.24157 level or the 1.23771 level. My target for this move is within the zone of 1.25770–1.25669.
📉 Expectation:
If GBP/USD breaks below the key level of 1.22934 in the 1-hour timeframe, I anticipate a much deeper price drop for GBP/USD.
💡 Key Levels to Watch:
Resistance: 1.25770–1.25669
Support: 1.24157, 1.23771, 1.22934 (key level)
💬 What’s your view on the GBP/USD this week? Share your thoughts in the comments below!
Trade safe
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.