first start with monthly so as you can see price has already reached very respected support level and if you will open Monthly chart , you will find price has at very crucial level. and second if go to the weekly and daily chart you can see there is head and shoulder pattern has been formed and many more reason to go long from this level. in my views GBPUSD probably go up.
As you can see on the daily chart GBPUSD is struggling at this point and also it is showing a bearish price action. as you can see gbpusd has already touched the upper trendline of descending channel pattern. Now I see that it can continue its long-term trend which is to sell. remember, this is a daily chart and higher timeframe is more infective than a lower...
The long term trend of gbpusd is sell . And now you can see gbpusd is making channel which id showing bearish price action. And gbpusd has been touched the upper line of channel .If you want to take position gbpusd you can take with proper risk management.if you like my analysis please follow me .thanks everyone.
as you can see on your laptop or mobile gold is following a channel . and its respecting the lower channel trendline. so according to this gold USD spot market will go up. it you want to like this analysis you can follow me .
