You can see important support and resistance in the pound's daily chart.
As you can see the price couldn't make a lower low after touching the bearish order block and the price broke the previous high so we can expect a bullish movement for GBPUSD.
There is the bearish order block in front of the price and then a liquidity pool above the previous minor and major lows which can be defined as targets of this bullish move.
Please pay attention to the details on the chart.
💡Wait for the update! 🗓31/10/2023 🔎 DYOR
đź’ŚIt is my honor to share your comments with međź’Ś
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.