Technical Analysis on GBP/USD Both Long Term & Short Term Setup

2020年11月21日

This is a detailed price action technical analysis on GBP/USD for the Week or Long Term Forex setup. I noticed that since the year 2019 there has been a bounce-back on the same resistance level, and the price has currently moved to that same level. Which makes it a very important point to note for a sell. If the price could respect those resistance levels for years, it means it will be an important event to take note of. And also in a long run on the monthly chart, the GU currency has been really falling since then. That's another point to note. Price tends to respect the daily Order Block for a long term.