GBPUSD is revisiting the key level and here a reversal can form

Market Instrument: GBPUSD
Timeframe: D1
Analysis: Technical
Structure: Channel and Key Level
Prediction: Bullish
GBPUSD is on a bear trend following the key level highlighted. This level is very important on a daily timeframe as it has acted as a support and resistance in the chart. If the price remains stronger on bullish pressure after a visit to this highlighted key level we have the potential of seeing a start of a bull trend in the coming weeks...
Timeframe: D1
Analysis: Technical
Structure: Channel and Key Level
Prediction: Bullish
GBPUSD is on a bear trend following the key level highlighted. This level is very important on a daily timeframe as it has acted as a support and resistance in the chart. If the price remains stronger on bullish pressure after a visit to this highlighted key level we have the potential of seeing a start of a bull trend in the coming weeks...
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.