TheTradersAvenue

GBPUSD > Are We Bottoming Here!?

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FX:GBPUSD   英鎊 / 美元
Analysis of #GBPUSD


GBPUSD is trying to form a bottom here but was not able to close above the 1.3020 short-term resistance level.

if the market closes above the 1.3020 level we can look to enter in a buy trade targeting the next level of resistance.

if the market break below its support level then this analysis is not valid anymore



⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.


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