Weekly-Montly GBP/USD chart analysis

6 de mai. de 2021

GBPUSD
The trend as we can see right now is still Bearish and if it continues, the chart might go down to 1.29514

for more confirmation before entering the market i will wait the chart movement, if it falls below the Support line, the chart would strongly continues the Bearish trend really deep

If the market goes above the Resistance Line, it would make the new Bullish trend


for my future plan if the price goes as expected into the entry point

entry : 1.36016

Take Profit 1
129.4 pips = 1.34722

Take Profit 2
303.3 pips = 1.32983

Take Profit 3
390.2 pips = 1.32114

Stop Loss
197.7 pips = 1.37993

19 de mai. de 2021

Ordem cancelada

The Price has break the Resistance Level