GBPUSD Range Bound

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  • We have 4hr Head & Shoulder Pattern.

    Inverted Head & Shoulder Pattern on Daily

    4hr Double Bottom at 1.4055

    Unfilled gap close to 1.447

    Range 1.40 and 1.45

    Strategy.. Buy on dips..!!!


Nota
If gbpusd remain supported above 1.417 and 1.419 then we might can see gu towards 1.43 and 1.434 for today.
Nota
So we now have breakout of resistance.. and prices can run 1.43 and 1.434..
Break of 1.434 will lead for above 1.44 in coming sessions.
Nota
If we couldnt break 1.434 then we will see gbpusd back below 1.42 and possible towards 1.414 as well..
Nota
gbpusd didnt taken out 1.434.. so now 1.4135 on way.
gbpusdlong

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