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GBPUSD: Top-Down Analysis & Trading Plan 🇬🇧🇺🇸
British Pound / U.S. Dollar
Long
GBPUSD: Top-Down Analysis & Trading Plan 🇬🇧🇺🇸
By VasilyTrader
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May 8, 2024
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May 8, 2024
https://www.tradingview.com/x/8X0hHNeF/
On the today's live stream, we discussed GBPUSD.
The pair is currently testing a key horizontal demand zone on a daily.
Our to signal to buy the market with a confirmation, will be a bullish
breakout of a horizontal neckline of a double bottom pattern on 1H time frame.
An hourly candle close above 1.2502 will confirm the violation.
A bullish continuation will be expected at least to 1.2527 level then.
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Double Top or Bottom
Forex
fxsignals
GBPUSD
Multiple Time Frame Analysis
pound
signals
Supply and Demand
Technical Analysis
trader
trading
USD
VasilyTrader
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