1 Attachment(s)
Technical & Theoretical Analysis for GBP/USD
Analysis for GBPUSD:
Attachment 14716
GBPUSD, time frame with 4H its stated that we saw yesterday huge movement that more than 100 pips its down in a day, last week we did not see that types of movement and that was the reason that i was confused with this pair. With zigzag indicator, we can see that it has made a downtrend already that the pair is on bearish movement again. And the current price of this pair is 1.3356 and this is fully on downtrend, hope so that end of this week it may down more like 100/150 pips more.
Support: S1:1.3307,
Resistance: R1:1.3494, R2:1.3569
:happy:So, seller will be benefited again.:happy::happy: