@amyrobinson71 on GBPUSD | PriceONN Community

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amyrobinson71 PRO newbie
GBPUSD Mar 4
GBPUSD is currently exhibiting a consolidation pattern near the daily pivot at 1.33786. A decisive break above R1 at 1.33973, confirmed by increasing volume, would suggest a continuation of the bullish trend. Conversely, failure to hold above the pivot could lead to a retest of S1 at 1.33588. Monitoring price action around these levels for potential entry points.
GBPUSD

Replies (1)

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amyrobinson71 PRO newbie Mar 4
Update: Observing a potential ascending triangle forming on the H4 chart, further supporting a bullish bias. A measured move from the breakout could target 1.3430.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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