GBPUSD is Bullish short-term
GBP/USD Technical Analysis (1-Hour Timeframe) - Current Price: 1.3040
Trend Overview:
GBP/USD is in a short-term uptrend on the 1-hour chart, with the price trading above key moving averages, reflecting bullish momentum.
Key Levels:
Immediate support: 1.3000 (psychological level) and 1.2965 (recent swing low).
Immediate resistance: 1.3075 (recent high) and 1.3120 (next key resistance).
Price Action:
Price action shows higher highs and higher lows, indicating continuation of the upward trend.
A potential bull flag pattern is forming, signaling a possible breakout above 1.3075.
Potential Scenarios:
A break above 1.3075 could see the pair advance toward 1.3120 or even higher.
On the downside, if price falls below 1.3000, it may pull back further to 1.2965.
Conclusion:
The short-term bias is bullish while above 1.3000, with upside potential toward 1.3120 if 1.3075 resistance is breached.
Trend Overview:
GBP/USD is in a short-term uptrend on the 1-hour chart, with the price trading above key moving averages, reflecting bullish momentum.
Key Levels:
Immediate support: 1.3000 (psychological level) and 1.2965 (recent swing low).
Immediate resistance: 1.3075 (recent high) and 1.3120 (next key resistance).
Price Action:
Price action shows higher highs and higher lows, indicating continuation of the upward trend.
A potential bull flag pattern is forming, signaling a possible breakout above 1.3075.
Potential Scenarios:
A break above 1.3075 could see the pair advance toward 1.3120 or even higher.
On the downside, if price falls below 1.3000, it may pull back further to 1.2965.
Conclusion:
The short-term bias is bullish while above 1.3000, with upside potential toward 1.3120 if 1.3075 resistance is breached.
Trade aktif
Expect a swing low before it rallies higherCatatan
Active
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.