#GBPUSD
In a larger timeframe, GBPUSD has broken out of bullish and has completed retest so now the trend is bearish in long term.
While we are looking in H1 timeframe market has fallen from strong support after that has formed an ascending correction. So it is confirmed market will go for sell up to the next support level.
Note: Analysis is just for educational purposes, not financial advice.
In a larger timeframe, GBPUSD has broken out of bullish and has completed retest so now the trend is bearish in long term.
While we are looking in H1 timeframe market has fallen from strong support after that has formed an ascending correction. So it is confirmed market will go for sell up to the next support level.
Note: Analysis is just for educational purposes, not financial advice.
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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.
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.