Technical Analysis of Intraday Price Movement of GBP/USD Main Currency Pairs, Monday June 03 2024.

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Technical analysis



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Technical analysis


Technical Analysis of Intraday Price Movement of GBP/USD Main Currency Pairs, Monday June 03 2024.


If we look at the 4-hour




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03.06.2024 05:21 AM






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If we look at the 4-hour chart, the main currency pair GBP/USD can be seen forming a Bullish 123 pattern followed by the appearance of a Bullish Ross Hook (RH) coupled with the Golden Cross condition of the 50 EMA which is above the 200 EMA, giving an indication that Buyers are still in control. dominant in Cable so that if in the near future there is no significant correction, especially if it does not penetrate below the 1.2680 level,




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