GBPUSD - H4 chart
The rate hit the support level at 1.5865 and the minor uptrend line. It seems that the most probable scenario for upcoming hours is breaking over 1.5900 and upward movement towards 1.5950.
But if the rate closes below 1.5865, open short trade with 1.5830 and 1.5805 as targets.
 |
| GBPUSD - H4 chart |
Trade recommendation:
Buy after closing above 1.5900 Take profit level: Target : 1.5950 Sell after closing below 1.5865 Take profit level: Target 1 : 1.5830 Target 2 : 1.5805 |
0 Comments:
Post a Comment