I've created a technical analysis chart for the GBP/USD currency pair on TradingView. Here are the specific actions I've taken on the chart:
Highlighted Previous Week's Highs and Lows:
I've marked the highest and lowest points of the previous week on the chart with horizontal lines labeled as "WEEKLY HIGH" and "WEEKLY LOW."
No Weekly Confirmation:
The chart indicates that there has been no weekly confirmation, meaning that the recent price movements have not confirmed a trend on the weekly timeframe.
Key Price Levels in the P Line Zone:
I've identified the New York session high (NY High) within our P Line zone, which is a critical area for potential trading decisions. Additionally, the London session high (LDN High) is also marked as a backup trade opportunity within the P Line zone.
This setup reflects a detailed analysis focused on significant session highs and lows, as well as key psychological zones that may influence trading decisions.
Highlighted Previous Week's Highs and Lows:
I've marked the highest and lowest points of the previous week on the chart with horizontal lines labeled as "WEEKLY HIGH" and "WEEKLY LOW."
No Weekly Confirmation:
The chart indicates that there has been no weekly confirmation, meaning that the recent price movements have not confirmed a trend on the weekly timeframe.
Key Price Levels in the P Line Zone:
I've identified the New York session high (NY High) within our P Line zone, which is a critical area for potential trading decisions. Additionally, the London session high (LDN High) is also marked as a backup trade opportunity within the P Line zone.
This setup reflects a detailed analysis focused on significant session highs and lows, as well as key psychological zones that may influence trading decisions.
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