Educational Analysis says GBPUSD may move in this range for some time according to my technical.
Broker - FXCM
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because the market is in an uptrend on 4 hour zoom out time frame, the market tried to put fake Change of Character duping the traders for a while.
But now we can go long from this zone marked out with risk to reward ratio tool.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Broker - FXCM
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because the market is in an uptrend on 4 hour zoom out time frame, the market tried to put fake Change of Character duping the traders for a while.
But now we can go long from this zone marked out with risk to reward ratio tool.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.