GBP/USD-4 hour time frame analysis
Hello everyone!
-On this pair on 4 hour time frame we can see multiple rejections on support line(lower blue line).
-GBP is very weak right now on daily time frame so the price may keep pushing in bearish momentum
-If GBP gain some bullish momentum and make more rejections on lower time frames that can be signal to buy,...But consider that GBP is very weak right now,USD is much more stronger.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
-On this pair on 4 hour time frame we can see multiple rejections on support line(lower blue line).
-GBP is very weak right now on daily time frame so the price may keep pushing in bearish momentum
-If GBP gain some bullish momentum and make more rejections on lower time frames that can be signal to buy,...But consider that GBP is very weak right now,USD is much more stronger.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
Pernyataan Penyangkalan
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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.