GBPUSDH1

GBPUSD Possible further gains after correction


As I wrote earlier, the pound had a considerable range which it used as you see. Analyzes from the last days have proven almost to the point of the pip 🙂 The Asian Session raised the rate even higher, thanks to which we have a wider range of possibilities when planning actions to enter into a position.

Currently, I am assuming a correction to the level of support indicated in the image, but only there will I make a decision whether it is a good place to enter the long position. Breaking the support may mean even better data from the US than analysts assume, which may deepen the correction. For now, the assumptions are as in the picture. You already know that I am against catching holes and peaks! So possible entry after rebound and correction from low time interval.

GBPUSD H1

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Biznes-Broker
Biznes-Broker

Trader, cryptocurrency and forex market analyst. Editor of investor magazines: EN: http://biznes-broker.com/ PL: http://pvq.pl/ By giving me a tip you donate it to charity. All collected funds will help children and animals in need.


Analysis of the financial markets
Analysis of the financial markets

Subjective view of the financial market. Mainly Forex, Indexes and Commodities. Analyzes based on technical analyzes. All analyzes are my view of the market. It is not recommended to make trading decisions based on the information provided. You can check my work here: EN: http://biznes-broker.com/ PL: http://pvq.pl/

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