GBP/USD Multi-Timeframe analysis
H1 CHART
Waiting for a retracement lower towards the 1.38945 support level, in order to reinstate LONG positions. Next important support is the 1.38761 level.
Support & Resistances
1.38945 1.39181
1.38761 1.39354
1.38388 1.39507
H4 CHART
A high probability, entry signal to go LONG was given at 1.38780 after the market found support at 1.38264 . Only the downward break of 1.38264 would cancel the bullish scenario.
Support & Resistances
1.38283 1.38650
1.37748 1.38761
1.35644 1.39507
DAILY CHART
Waiting for a retracement lower towards the 1.37027 support level, in order to reinstate LONG positions. Next important support is the 1.36234 level.
Support & Resistances
1.37027 1.39507
1.36234 1.41053
1.35378 1.45180
WEEKLY CHART
Waiting for a retracement lower towards the 1.34812 support level, in order to reinstate LONG positions. Next important support is the 1.30112 level.
Support & Resistances
1.34812 1.39573
1.30112 1.47642
1.26743 1.60794
Waiting for a retracement lower towards the 1.38945 support level, in order to reinstate LONG positions. Next important support is the 1.38761 level.
Support & Resistances
1.38945 1.39181
1.38761 1.39354
1.38388 1.39507
H4 CHART
A high probability, entry signal to go LONG was given at 1.38780 after the market found support at 1.38264 . Only the downward break of 1.38264 would cancel the bullish scenario.
Support & Resistances
1.38283 1.38650
1.37748 1.38761
1.35644 1.39507
DAILY CHART
Waiting for a retracement lower towards the 1.37027 support level, in order to reinstate LONG positions. Next important support is the 1.36234 level.
Support & Resistances
1.37027 1.39507
1.36234 1.41053
1.35378 1.45180
WEEKLY CHART
Waiting for a retracement lower towards the 1.34812 support level, in order to reinstate LONG positions. Next important support is the 1.30112 level.
Support & Resistances
1.34812 1.39573
1.30112 1.47642
1.26743 1.60794
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