GBP/USD|POTENTIAL TRADE SETUP|1ST JANUARY 2019|BULLISH MOVE

GBP/USD | TREND LINES + SUPPORT & RESISTANCE (4 HOUR CHART)

PRICE IS ON POSITIVE UP TREND

BLUE TREND LINE
NOTE | PLACED ON LOWER LOWS
NOTE | SUPPORT

PURPLE TREND LINE
NOTE | BLUE TREND LINE COPIED & PASTED
NOTE | PLACED ON HIGHER HIGHS
NOTE | RESISTANCE

POTENTIAL SPACE FOR BUYERS

Yorum:

PRICE BROKE THROUGH SUPPORT LINE AT 1.26696 DUE TO PMI SURVEY FORECAST.