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What are your thoughts on GBPUSD?
GBP/USD is moving within a descending channel. Price recently failed to break above the highlighted resistance zone and was rejected, falling back below this key area. In addition, the short-term ascending trendline has been broken, signaling a potential shift in momentum in favor of the bears.
As long as the price remains below the resistance zone, a pullback toward the broken trendline and resistance area could provide a selling opportunity. After completing the retest, GBP/USD may resume its downward movement toward the lower support levels and the next bearish targets shown on the chart.
Rejection from the resistance zone and successful retest of the broken trendline could trigger another leg lower toward the 0.786 Fibonacci level .
What do you think about GBP/USD? Share your view below.
If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️
What are your thoughts on GBPUSD?
GBP/USD is moving within a descending channel. Price recently failed to break above the highlighted resistance zone and was rejected, falling back below this key area. In addition, the short-term ascending trendline has been broken, signaling a potential shift in momentum in favor of the bears.
As long as the price remains below the resistance zone, a pullback toward the broken trendline and resistance area could provide a selling opportunity. After completing the retest, GBP/USD may resume its downward movement toward the lower support levels and the next bearish targets shown on the chart.
Rejection from the resistance zone and successful retest of the broken trendline could trigger another leg lower toward the 0.786 Fibonacci level .
What do you think about GBP/USD? Share your view below.
If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️
トレード稼働中
トレード終了: 利益確定目標に到達
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✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅ MY INSTAGRAM :
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅ MY INSTAGRAM :
instagram.com/marketanalaysis
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。