FrankFx14

GBPUSD BUY ANALYSIS 1HR TIMEFRAME

Long
FX:GBPUSD   British Pound / U.S. Dollar
As the price is forming consolidation below the psychological level of 27000 that means a new upward move momentum is ranging. So it advicesble to wait and what a pattern that form before entry and set stoploss should be below the support of the ranging price and targeted profits should be on another psychological level of 27500 and 28000

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.