GBPUSD MULTI-TIMEFRAME ANALYSIS 04/01 to 08/01 UPDATE!!

8 בינו׳ 2021

Monthly, Weekly and Daily price structure is bullish . So there is no situation where we will be looking for shorts. Price currently retraces to a support zone as highlighted on the Daily time-frame. However the H4 market structure is currently bearish . Therefore it will be better to wait for the H4 market structure to turn bullish before going in for longs.

Risk: NFP today.

Trade Safe!

Good Health! Good Wealth!

14 בינו׳ 2021

הערה

Price reacted well at the support zone.