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GBPUSD: Your Trading Plan Explained 🇬🇧🇺🇸
British Pound / U.S. Dollar
Long
GBPUSD: Your Trading Plan Explained 🇬🇧🇺🇸
By VasilyTrader
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Nov 28, 2022
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Nov 28, 2022
GBPUSD is approaching a wide horizontal zone of demand.
To catch a bullish move from that, watch an expanding wedge pattern on 1H time frame.
If the price breaks and closes above its resistance, a bullish movement will be expected.
Initial target will be 1.2122.
Be patient and wait for a breakout.
It may initiate from any point within the underlined area.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
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Forex
GBPUSD
Multiple Time Frame Analysis
Technical Analysis
trading
USD
DJ FXCM Index
Wedge
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