Hello Traders! 👋
What are your thoughts on GBPUSD?
On the 4-hour timeframe, GBPUSD has broken below its ascending trendline and is now trading below a key resistance zone.
We expect the pair to consolidate briefly within this area, and then move lower toward the specified support level.
As long as the price remains below the resistance and the broken trendline, the bearish bias remains valid.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on GBPUSD?
On the 4-hour timeframe, GBPUSD has broken below its ascending trendline and is now trading below a key resistance zone.
We expect the pair to consolidate briefly within this area, and then move lower toward the specified support level.
As long as the price remains below the resistance and the broken trendline, the bearish bias remains valid.
Don’t forget to like and share your thoughts in the comments! ❤️
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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.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
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.