GBPUSD - BULL
The price is currently stable and trading above the significant support zone located between 200.590 and 199.470. Today, the price is exhibiting an upward trend, and it is anticipated to reach the resistance level of 201.46. However, if the price settles below 200.590, it is expected to move within the range between this level and 199.470.
Should the price manage to sustain its position above 200.590, the likelihood of reaching the resistance level of 201.46 increases, indicating a continuation of the upward momentum. Conversely, if the price falls and stabilizes below 200.590, it suggests a potential consolidation phase, where the price may oscillate within the defined range of 200.590 to 199.470 before determining its next direction.
Monitoring these key levels will be crucial for anticipating future price movements and making informed trading decisions.
Should the price manage to sustain its position above 200.590, the likelihood of reaching the resistance level of 201.46 increases, indicating a continuation of the upward momentum. Conversely, if the price falls and stabilizes below 200.590, it suggests a potential consolidation phase, where the price may oscillate within the defined range of 200.590 to 199.470 before determining its next direction.
Monitoring these key levels will be crucial for anticipating future price movements and making informed trading decisions.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.