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GBPUSD > Possible Bottom, Waiting for Confirmation to Buy
British Pound / U.S. Dollar
Long
GBPUSD > Possible Bottom, Waiting for Confirmation to Buy
By TheTradersAvenue
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Aug 24, 2022
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Aug 24, 2022
Analysis of #GBPUSD
The GBPUSD might be bottoming here, as we have clean trendline resistance and trendline support.
Currently, the market is trying to get above 1.1800, let's see if traders are ready to make a big move before tomorrow's Jackson Hole meeting.
I am currently looking for a confirmation on the lower time frame, to see if I can get in a buy trade.
Please support me by boosting this idea so it can get to more and more traders.
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Thanks for your continued support!
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GBPUSD
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Supply and Demand
Support and Resistance
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