GBPUSD Will Go Higher From Support! Buy!

13 ธ.ค. 2023

Please, check our technical outlook for GBPUSD.

Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 1.251.

The above observations make me that the market will inevitably achieve 1.261 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

14 ธ.ค. 2023

บันทึก

That was an excellent trade and the target was reached too!