May 21, 2025
Trade ideas
GBPUSD, H4
On the H4, GBPUSD rebounded from the trendline, with the asset collecting liquidity above the 1.3440 resistance.
The RSI oscillator leaves the overbought zone, suggesting a bearish scenario for the 'Cable.'
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: Timur Yurdagyul
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