Good morning Traders!
From a technical point of view, the pair has formed a reversal pattern on the H4 chart, so we will try to take a long position with a stop below the low. The setup has a good R/R ratio (> 1: 3).
DAILY ANALYSIS (EW FORECAST)
(Click and play on chart below)
![[GBPUSD] POTENTIAL REBOUND IN SHORT TERM](https://static.tradingview.com/static/images/svg/idea-image-placeholder.svg)
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
From a technical point of view, the pair has formed a reversal pattern on the H4 chart, so we will try to take a long position with a stop below the low. The setup has a good R/R ratio (> 1: 3).
DAILY ANALYSIS (EW FORECAST)
(Click and play on chart below)
![[GBPUSD] POTENTIAL REBOUND IN SHORT TERM](https://s3.tradingview.com/c/cEptOJMA_big.png)
If you think our analyzes are useful, support us with a simple "Like", thank you and trade with care!
Cheers.
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...next resistance on 1H chart.
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Thank you for supporting us with your Likes, this is a great incentive to continue publishing on TradingView, have you a nice weekend!
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🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
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Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange
Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
