GBPUSD Approaching 3 Years Low Support Zone
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I have taken monthly chart to find upcoming opportunities. As price is approaching a 3 years low key support level where it held stronger on previous low which formed 7 months back. I see the price action as a retest back on this key level and form a triple bottoms and shows us some continue growing bulls with GBP prices. This trade is valid on mid to long term trade strategies only if capable enough to manage the risks and stops accordingly. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
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Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
I have taken monthly chart to find upcoming opportunities. As price is approaching a 3 years low key support level where it held stronger on previous low which formed 7 months back. I see the price action as a retest back on this key level and form a triple bottoms and shows us some continue growing bulls with GBP prices. This trade is valid on mid to long term trade strategies only if capable enough to manage the risks and stops accordingly. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
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