GBPUSD | BULLS READY TO CHARGE
GBPUSD | BULLS READY TO CHARGE
GBPUSD is currently standing at the top of short term bearish parallel channel. The price is expected to move in the upward direction as daily and weekly timeframe suggesting strong bullish momentum.
We are looking to buy on dip this week as risk rewards ratios become very good.
A break of 1.19260 (support level) will bring more pressure on bulls. So risk should be well defined before taking any position.
It's important to note that Forex trading involves significant risks and should only be undertaken by experienced traders who have a thorough understanding of the market and its dynamics. It's always a good idea to do your own research and consult with a professional before making any trading decisions.
GBPUSD is currently standing at the top of short term bearish parallel channel. The price is expected to move in the upward direction as daily and weekly timeframe suggesting strong bullish momentum.
We are looking to buy on dip this week as risk rewards ratios become very good.
A break of 1.19260 (support level) will bring more pressure on bulls. So risk should be well defined before taking any position.
It's important to note that Forex trading involves significant risks and should only be undertaken by experienced traders who have a thorough understanding of the market and its dynamics. It's always a good idea to do your own research and consult with a professional before making any trading decisions.
Join Free Telegram Channel
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。