GBPUSD/ 1.2320 Determines Bearish Continuation or Bullish Revers
GBPUSD Technical analysis
We should closely monitor the next price movement, as it holds significant importance. If the price continues the bearish trend from 1.2320 and falls below 1.2225, it would confirm the activation of the bearish trend, targeting 1.2140. However, any reversal above 1.2320, particularly if confirmed by the closing of a 4-hour candle above this level, could lead to a rise toward 1.2433 before resuming a potential decline.
Tendency Keys: 1.2310
Resistance Line: 1.2310, 1.2433, 1.2530
Support Line: 1.2225, 1.2140, 1.2140
We should closely monitor the next price movement, as it holds significant importance. If the price continues the bearish trend from 1.2320 and falls below 1.2225, it would confirm the activation of the bearish trend, targeting 1.2140. However, any reversal above 1.2320, particularly if confirmed by the closing of a 4-hour candle above this level, could lead to a rise toward 1.2433 before resuming a potential decline.
Tendency Keys: 1.2310
Resistance Line: 1.2310, 1.2433, 1.2530
Support Line: 1.2225, 1.2140, 1.2140
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.