GBP/USD 1H Analysis
The price has broken above a key resistance zone, which is now acting as support. This breakout signals potential bullish momentum.
✅ What I’m watching for:
If the price pulls back to the new support zone, it could present a good opportunity to enter a long position, but only with confirmation of buyers stepping in.
🚨 Plan:
Wait for clear signals, like bullish candlesticks or increased buying volume, to confirm the support holds before entering.
👉 Follow me for more trade ideas and updates!
✅ What I’m watching for:
If the price pulls back to the new support zone, it could present a good opportunity to enter a long position, but only with confirmation of buyers stepping in.
🚨 Plan:
Wait for clear signals, like bullish candlesticks or increased buying volume, to confirm the support holds before entering.
👉 Follow me for more trade ideas and updates!
WiVERIDERS
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.
WiVERIDERS
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.