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Inacio_1998

GBPUSD Overview week commencing on the 13th Dec. 2021

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Inacio_1998  
FX:GBPUSD   British Pound / U.S. Dollar
Beyond Technical Analysis Trend Analysis Technical Indicators GBPUSD gu gbpusdshort gbpusdlong gbpusdanalysis marketstructure ELLITOWAVEANALYSIS
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beyondta trendanalysis indicator gbpusd gu gbpusdshort gbpusdlong gbpusdanalysis marketstructure ellitowaveanalysis
Weekly Chart - bullish momentum (not very significant candle)
snapshot
Daily Chart - Daily chart in a downtrend, broke previous level of support and trend-line also. Previous candle bullish engulfing.
snapshot
H4 Chart - A lot of indecision, however downtrend is still being maintained last fib being respect 61.8%.
snapshot
30m Chart - break of minor level of support (watch out for potential of range), would like to see a retracement to a fib level and resistance point before taking a short position
snapshot
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