VasilyTrader

GBPUSD: Important Key Levels & Structure Analysis 🇬🇧🇺🇸

Long
VasilyTrader Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar

Here is my latest structure analysis for GBPUSD.

Horizontal Key Levels

Support 1: 1.2039 - 1.2110 area

Resistance 1: 1.2390 - 1.2463 area
Resistance 2: 1.2508 - 1.2580 area

Vertical Structures

Vertical Support 1: Falling trend line
Vertical Support 2: Falling trend line

The pair nicely respected a confluence point based on 2 falling trend lines.
Doji candlestick formation on that increases the probabilities that the pair will go higher.

❤️Please, support my work with like, thank you!❤️
Comment:
Price nicely reacted to a confluence zone based on 2 trend lines.
We can anticipate a further growth before the fundamentals:

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.