Michael_Harding

GBPUSD - Top Down Analysis

Giá lên
FX:GBPUSD   Bảng Anh/ Đô la Mỹ
Starting with the 4hr chart above, price action made a strong push to the upside following this morning's weaker than expected US economic data. Currently price action is struggling to break and hold above the level of resistance. If we manage to break higher, expect the 200 SMA to act as potential resistance.

Let's now take a look at the daily timeframe

== DAILY ==

With the daily chart, if price action holds above this level of resistance, it wouldn't be much a surprise to see this pair climb up to where I mentioned my first bullish target around 1.2230. A break higher would expose 1.2630 for the next level of resistance hence why I have my second target there.

Lastly, let's take a look at the weekly view.

== WEEKLY ==

With the weekly chart, we can see RSI is managing to hold above 30 indicating a lack of the bearish strength. This pair is also narrowing in on 2 year lows which could act as a strong support level.

🛡️ Managed Accounts + Challenge Passing Services
➡️ manage.forex

1️⃣ MT4 Trading EA
➡️ tinyurl.com/2rz783d4

‍🎓 Mentorship Program
➡️ tinyurl.com/8wfnuucy

📈 Live Performance
➡️ tinyurl.com/y67rnwrd
Thông báo miễn trừ trách nhiệm

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.