GBPUSD Is Very Bullish! Long!

1月3日

Take a look at our analysis for GBPUSD.

Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is testing a major horizontal structure 1.262.

Taking into consideration the structure & trend analysis, I believe that the market will reach 1.269 level soon.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

1月4日

交易结束：到达目标

That was an excellent trade and the target was reached too!