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GBP/USD support zone unbroken, 1.24 in sight?

690
Dear traders, the support zone as highlighted in my chart
has remained unbroken so far. Not only that, we also have a couple
of bullish reversal candlestick patterns including a hammer candlestick

that was formed on 26/10/2023.

So, a combination of these factors can lead to a further recovery
in GBP/USD. Keep in ming that price has already crossed the moving averages
in the lower time frames such as 15 min and 1 Hour


So, as long as the support zone stays unbroken, we can expect GBPUSD
to reach 1.24 in the coming days
. My recommendation is to buy the dips
in GBP/USD.

Not
Currently, this idea is in 46 pips profit, and our buy from yesterday at 1.2090 is in 101 pips profit
Not
We have another dip, and I have bought a small lot@1.2138
İşlem kapandı: hedefe ulaştı
Closed@1.2370. Profit : 232 Pips

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.