2 June 2024 - GBPUSD Bullish Analysis
GBPUSD looking bullish. look like price can head up all the way to 1.286.
Price will likely to do a retracement before pushing back up. Retracement can head down towards 1.267, a shorter pullback and 1.261 for a longer pullback before price moves back up.
I am looking at 2 zones for a buy if the pullback appears:
1st Zone: 1.265 - 1.2675 (25 pips zone)
2nd Zone: 1.259 - 1.261 (20 pips zone)
Price will likely to do a retracement before pushing back up. Retracement can head down towards 1.267, a shorter pullback and 1.261 for a longer pullback before price moves back up.
I am looking at 2 zones for a buy if the pullback appears:
1st Zone: 1.265 - 1.2675 (25 pips zone)
2nd Zone: 1.259 - 1.261 (20 pips zone)
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.