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GBPUSD OVERVIEW for the month of June
GBPUSD Overview -
Monthly Closure - Strong Bullish closure previous resistance level (very similar situation to GBPAUD) https://www.tradingview.com/x/3IjNWhUE/
Weekly chart - market structure broke previous level of resistance and is creating a new HH, previous candle closure bullish ( however, not the strongest bullish candle)[url= tradingview.com/x/KpdWJBJX/]
Daily Chart - Overall in an uptrend, stalling at previous resistancehttps://www.tradingview.com/x/3IjNWhUE/ level.
H4 Chart - previously ranging, had a break above the range's resistance! Currently retracing https://www.tradingview.com/x/9KEapMfd/
30m chart - we had a break of previous level of resistance, and started pulling back! Could this retrace to the 100% fib level which is the last level of support and if a rejection does occur from this level would create a double bottom around the H4 61.8%... https://www.tradingview.com/x/NyHNCTmv/
Monthly Closure - Strong Bullish closure previous resistance level (very similar situation to GBPAUD) https://www.tradingview.com/x/3IjNWhUE/
Weekly chart - market structure broke previous level of resistance and is creating a new HH, previous candle closure bullish ( however, not the strongest bullish candle)[url= tradingview.com/x/KpdWJBJX/]
Daily Chart - Overall in an uptrend, stalling at previous resistancehttps://www.tradingview.com/x/3IjNWhUE/ level.
H4 Chart - previously ranging, had a break above the range's resistance! Currently retracing https://www.tradingview.com/x/9KEapMfd/
30m chart - we had a break of previous level of resistance, and started pulling back! Could this retrace to the 100% fib level which is the last level of support and if a rejection does occur from this level would create a double bottom around the H4 61.8%... https://www.tradingview.com/x/NyHNCTmv/
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