Based on the Daily chart:
We see the GBPUSD charts both on the daily and 4H Bullish.
You can see the important zones and possible scenarios on the chart.
If you have questions feel free to ask.
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🗓31/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS)
We have 1 Downtrend in red color (LONG TERM)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hey tradomaniacs,
with the recent volatile retest of the ex-trendline and strong support-zone we could see a nice reversal and buy-opportunity!
Overall volume confirmed at least a retracement and I`m already long!
Worth to take this chance wit ha nice risk-reward ahead the FOMC!
LEAVE A LIKE AND A COMMENT - I APPRECIATE EVERY SUPPORT!
Wanna see more?...
GBPUSD is now falling for 9 straight trading days. At this moment, It is at the Long-term bullish trend line. Besides, it has also hit the bottom of the newly created channel(blue channel).
So, it would be interesting to see if you see the formation of any bullish candlesticks here from where traders can long.
I am personally looking to BUY here at 1.2830 and...
