GBPUSD H4 – ANALYSIS – APR 29

ANALYSIS OF GBP PAIRS

Most GBP pairs are at support with Future WM2 and Future MM2 confluence.

Just a demo trader Practicing 🙂

GBPUSD H4 - ANALYSIS - APR 29

Source: VEDANTH PATEL

GBPNOK H4 - ANALYSIS - APR 29

Source: VEDANTH PATEL

GBPCAD H4 - ANALYSIS - APR 24

Source: VEDANTH PATEL

GBPCHF H4 - ANALYSIS - APR 29

Source: VEDANTH PATEL

GBPAUD H4 - ANALYSIS - APR 29

Source: VEDANTH PATEL

GBPNZD H4 - ANALYSIS - APR 29

Source: VEDANTH PATEL

2 thoughts on “GBPUSD H4 – ANALYSIS – APR 29”

  1. Thank you for the analysis Verdanth. If I could add something GBP has shown weakness last week on the back of weak data and apparent difficulty for the gov to pass Brexit legislation through parliament. This week there is only PMI data to be released, which would not normally be expected to be particularly market moving UNLESS it is, in this case, ripper strong. So, if it is as expected at best it would be supportive but if it is weaker, it would possibly give more impetus to the move down. The caveat with all that of course is if there is any positive Brexit news, which would definitely give support to the GBP. However, negative Brexit news would only increase the negative sentiment. IMO!

    1. Vedanth says:

      Hi Charles

      Thank you so much for commenting on my post……

      Your input is greatly appreciated….

      I don’t know much about Fundamentals, I still need to learn alot.

      I am just posting trades according to the swing trading rules i am learning….

      But i will try learn fundamentals to get a better picture of the market.

      Thank you so much…..

      Vedanth

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