๐Ÿ“ˆGBPUSD analysis, Weekly insight into price behavior๐Ÿ“‰

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GBPUSD
GBPUSD


Hello Traders, please check out my previous ideas.
This is my first analysis on GBPUSD daily.
If the Pound stabilizes above the yellow zone (crossing the weekly Bollinger midline), the price can climb up to the 1.30 level.
In the opposite scenario, if the price does not follow the conditions of the previous scenario, the price can fall to around 1.2626.

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In this analysis, as the direction of the arrow and its location have been determined, the price has moved down again after breaking the yellow zone and making a pullback. After the zone broke again, I opened a short position. The price fell to the specified range and the TP was fully realized.
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