May 28, 2025
Trade ideas
GBPUSD, H4
On the H4, GBPUSD has formed an ascending channel pattern. The price has bounced off the lower trendline, and it is testing the TEMA. The Stochastic is already out of the overbought zone.
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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