GBPUSD shows us a classic buy signal. The price is testing the support of the ascending channel, what to do next).
As we can see on the 4-hour chart, the price is forming an ascending price channel. Against the background of fundamental factors, by the end of the week the currency pair decreases to the support of the channel and tests important support at 1.2164. The price is consolidating at the level and it seems that it is not going to fall below the liquidity zone.
I expect a final price consolidation above the support with further price movement on the trend. Short-term target is resistance 1.2400, medium-term target is resistance and liquidity zone 1.26382.
Regards, R.Linda!
As we can see on the 4-hour chart, the price is forming an ascending price channel. Against the background of fundamental factors, by the end of the week the currency pair decreases to the support of the channel and tests important support at 1.2164. The price is consolidating at the level and it seems that it is not going to fall below the liquidity zone.
I expect a final price consolidation above the support with further price movement on the trend. Short-term target is resistance 1.2400, medium-term target is resistance and liquidity zone 1.26382.
Regards, R.Linda!
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.