Good morning traders, today we bring you the analysis of the GBP/USD, which, although it is indisputably bullish, it is good to know where to be careful in this move.
🔸Speaking a bit of context, we see that the price broke the Descending Trendline and the Resistance zone.
🔸After that, it generated a consolidation that lasted a few days.
🔸By breaking it to the upside, it starts this great momentum that we are currently witnessing.
🔸The question is, until when?
🔸Well, obviously we cannot establish with 100% accuracy, but if we analyze the weekly chart, we see that the next supply zone is approximately 300 pips away from the current price quote, at 1.4400.
🔸In that price zone, we consider that it would be safe to close the bullish positions, or, minimally take some profit, since without a doubt the price will react.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.