Analysis of #GBPUSD
GBPUSD is trying to form a bottom here but was not able to close above the 1.3020 short-term resistance level.
if the market closes above the 1.3020 level we can look to enter in a buy trade targeting the next level of resistance.
if the market break below its support level then this analysis is not valid anymore
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
GBPUSD is trying to form a bottom here but was not able to close above the 1.3020 short-term resistance level.
if the market closes above the 1.3020 level we can look to enter in a buy trade targeting the next level of resistance.
if the market break below its support level then this analysis is not valid anymore
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
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