ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/USD Long-Term Trend: Bullish
Key Resistance Levels: 1.36880, 1.37313, 1.38000.
Key Support Levels: 1.36124, 1.35675, 1.35505.
Daily Chart:
The price on the higher time frame the market moved higher after finding support around the 1.34518 USD mark. It broke the daily resistance level around the 1.36124 USD and now this area is acting as a support level. A lower correction could be seen to this zone before a new impulsive wave toward the upside.
GBP/USD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the coin succeeded to break the bearish flag to the upside after finding buyers around the 61.80% Fibonacci retracement level. a lower correction could be seen to the 10.081 USDT mark before a new impulsive wave toward the target profit.
Signal Idea:
Buy Limit Order @ 1.36155
TP 1 @ 1.36880
TP 2 @ 1.37313
Stop Loss @ 1.35800
Trade Safely 🙂
