Greetings Traders this is my analysis for GBPUSD and it is Short.
The price has managing to go for a Uptrend Movement,the price is preparing for a reversal to the Support Line(Red) after that growth.That zone we are looking for a good sell position.
When the price has reached the Resistance Line it will be heading for a Downtrend movement, Because it will stop and it will rjected from the Resistance Line and going for a downtrend movement.
Traders make your own analysis before trading.
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The price has managing to go for a Uptrend Movement,the price is preparing for a reversal to the Support Line(Red) after that growth.That zone we are looking for a good sell position.
When the price has reached the Resistance Line it will be heading for a Downtrend movement, Because it will stop and it will rjected from the Resistance Line and going for a downtrend movement.
Traders make your own analysis before trading.
Please Leave a Like,Comment and Follow!
Thank You!