GBPUSD SHORT TERM BULLISH 4HR

Apr 18, 2023

At the time of this analysis, GBPUSD is currently at 1.24371. We are expecting it to go higher in price and reach the targets below;

FIRST PRICE TARGET: 1.26571
SECOND PRICE TARGET: 1.27603
STOPLOSS: 1.23280

Monitor for updates...

Apr 21, 2023

Note

If price holds at 1.23516, we are going to see an bullish move on the GBPUSD. If this condition is not met then price can potentially break down to commence a bearish trend below this price point. Watch out for price action before you take a position on this trade setup.

Apr 25, 2023

Note

We can see trend approach a price support level of 1.22766. A breakdown, at this level, will confirm a change of trend to the downside. If this support level holds, then we will see a bullish move in the GBPUSD. Take a position only at price action. Happy trading.

Monitor for updates...