ANTICIPATED RISE FOR THE GBP
Current Market in the 4HR time frame demonstrates that the pair has been Bearish in recent days. The pair has reached the bottom linear level.
However there is still a somewhat of a choppy/ indecision movement and further confluence can considered due to the fact that the pair is significantly low on RSI.
The pair is also approaching a significant zone which has been used as a good support in the last recent months.
It can be predicted that the pair may approach the zone which can then be used as support and be followed up by a bullish movement.
In terms of entry, it should be anticipated for the market to reach the support with a instant execution of a BUY OR await a bullish indication can be anticipated.
However there is still a somewhat of a choppy/ indecision movement and further confluence can considered due to the fact that the pair is significantly low on RSI.
The pair is also approaching a significant zone which has been used as a good support in the last recent months.
It can be predicted that the pair may approach the zone which can then be used as support and be followed up by a bullish movement.
In terms of entry, it should be anticipated for the market to reach the support with a instant execution of a BUY OR await a bullish indication can be anticipated.
Operación cerrada: precio stop alcanzado:
Looking for a possible re-entry.
Operación activa:
Re-entered.
Operación activa