GBPUSD 12H / It looks bearish
GBPUSD Technical Analyse
The price is expected to trade in a bearish zone due to its stabilization below the pivot line at 1.26970, with an initial target of 1.26200.
Bearish Scenario: As long as the price remains below 1.26970, it is likely to drop to 1.26200, and further declines could gradually lead to 1.2541.
Bullish Scenario: For an uptrend to be confirmed, the price needs to close a 4-hour candle above 1.26970, potentially rising to 1.2819.
Key Levels:
- Pivot Price: 1.2697
- Resistance Levels: 1.2761, 1.2819, 1.2877
- Support Levels: 1.2620, 1.2540, 1.2475
The price movement is anticipated to oscillate between the resistance at 1.2700 and the support at 1.2541.
The price is expected to trade in a bearish zone due to its stabilization below the pivot line at 1.26970, with an initial target of 1.26200.
Bearish Scenario: As long as the price remains below 1.26970, it is likely to drop to 1.26200, and further declines could gradually lead to 1.2541.
Bullish Scenario: For an uptrend to be confirmed, the price needs to close a 4-hour candle above 1.26970, potentially rising to 1.2819.
Key Levels:
- Pivot Price: 1.2697
- Resistance Levels: 1.2761, 1.2819, 1.2877
- Support Levels: 1.2620, 1.2540, 1.2475
The price movement is anticipated to oscillate between the resistance at 1.2700 and the support at 1.2541.
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
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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.
my free signals channel telegram
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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.