GBP/USD - Current View
Here we see GBP/USD on the 4h TF
The price is currently at a support level (resistance becomes support) after a bearish rally and the RSI is oversold
The daily trendline has been broken and we expect a small pullback to retest the trendline before a further move down to our downside target around the 1.52 level. Our downside target is not just a support level where we expect the price to bounce to the upside but also a 0.5 fibonacci level made form the swing low to swing high on the daily TF.
The price is currently at a support level (resistance becomes support) after a bearish rally and the RSI is oversold
The daily trendline has been broken and we expect a small pullback to retest the trendline before a further move down to our downside target around the 1.52 level. Our downside target is not just a support level where we expect the price to bounce to the upside but also a 0.5 fibonacci level made form the swing low to swing high on the daily TF.
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.