Get started
RKarina

GBPUSD: Check the channel price again

British Pound / U.S. Dollar (FX:GBPUSD)  
RKarina Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Technical Indicators GBPUSD optionsstrategies intradaytrade Forex Technical Analysis signals longsetup
4
0
trendanalysis harmonicpatterns indicator gbpusd optionsstrategies intradaytrade forex technicalanalysis signals longsetup
Dear friends, currently the GBP/USD pair continues to trade within an upward channel during the early Asian trading hours on Thursday. The major currency pair has rebounded above the 1.2700 level due to risk acceptance sentiment. However, the release of the US preliminary Q4 GDP growth figures on Thursday could cause market volatility.

In the short term, the 4-hour chart indicates a potential downward correction, with a projected retreat towards the support level below 1.2700. Immediate support is located at 1.2680 before reaching 1.2650.
Comment:
🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/+aAiSpQb7RdJkN2Y9

Related Ideas

RKarina
USDJPY: trading is in the red
RKarina
GBPUSD: Keep bullish faith!
RKarina
EURUSD: Price wedge widening, what is the next trend?
RKarina
Gold price today, increase or decrease further?
RKarina
USDJPY
RKarina
EURUSD: Buy or Sell?
RKarina
Gold prices continue to plummet!
RKarina
XAUUSD
RKarina
btcusdt
RKarina
USDJPY
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.