If you compare the Daily Chart of both GBPUSD and EURUSD you would find that they have a very different trading setup.
On the GBPUSD, we have an ABCD Pattern as a counter-trend trading setup. Conservative traders could wait for a pullback to recent support at 1.2447 for a buying opportunity.
On the GBPUSD, we have an ABCD Pattern as a counter-trend trading setup. Conservative traders could wait for a pullback to recent support at 1.2447 for a buying opportunity.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
Related publications
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.