As a results of some weeks, GBPUSD pair showed itself in a good way. Moving forward, it broke several important barriers and managed to create an upward channel.
But looking at the H4 chart, we can see that the pound remains between the levels of 1.2183 and 1.2350. This zone is strong resistance for pound. Under the influence of some fundamental news, the pound will continue the upward trend by crossing the indicated level.
But looking at the H4 chart, we can see that the pound remains between the levels of 1.2183 and 1.2350. This zone is strong resistance for pound. Under the influence of some fundamental news, the pound will continue the upward trend by crossing the indicated level.
Note
Already +180 pips done!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.