GBP/USD Bullish Potential by ThinkingAntsOk
4H CHART EXPLANATION:
As we explained on the Daily Chart, if the Descending Trendline is broken then price will start a strong bullish movement. However, in the short term, it may make a corrective movement on this zone before breaking the trendline. It will also provide a good trade setup, since the stop loss can be placed safely below the structure.
DAILY CHART ANALYSIS:
As we explained on the Daily Chart, if the Descending Trendline is broken then price will start a strong bullish movement. However, in the short term, it may make a corrective movement on this zone before breaking the trendline. It will also provide a good trade setup, since the stop loss can be placed safely below the structure.
DAILY CHART ANALYSIS: