Prepare for going long on GBP/USD by ThinkingAntsOk
1H CHART EXPLANATION:
As we can observe, price is making a double bottom at the Support Zone. If the upside movement is confirmed, price has potential to reach the Resistance Zone. We will wait for a price action confirmation like a breakout of the structure and a bullish candlestick pattern to take any position.
4H CHART:
*Please note that the above perspective is our view on the market, we do not provide signals and take no responsibility for your trades.
As we can observe, price is making a double bottom at the Support Zone. If the upside movement is confirmed, price has potential to reach the Resistance Zone. We will wait for a price action confirmation like a breakout of the structure and a bullish candlestick pattern to take any position.
4H CHART:
*Please note that the above perspective is our view on the market, we do not provide signals and take no responsibility for your trades.
