June 09, 2025
Trade ideas
GBPUSD, H4
On the H4, GBPUSD has formed an ascending triangle pattern. The price reached the upper boundary after bouncing off the lower trendline and MA50. The Gator indicates an increasing bullish sentiment.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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