On 20 - 21 August, GBP USD broke structure of bearish trend. Currently in Bullish trend, and is near the 0.382 line of Fibonacci. GU will go up to 1.38348 (first TP), if it surpasses first TP, it will reach its highest resistance in the long run (1.39747). Current Analysis of GU, thank you.
This will not be valid if first TP not hit before NFP.
This is a Trend Analysis, using Supply Demand areas, trend pattern, structure and fibonacci for entry level. Not CHART PATTERNS. That will be in another analysis.
This will not be valid if first TP not hit before NFP.
This is a Trend Analysis, using Supply Demand areas, trend pattern, structure and fibonacci for entry level. Not CHART PATTERNS. That will be in another analysis.