British Pound / U.S. DollarUpdated GBPUSD 4H - Reaching resistance area
We can experience a retest when reaching the resistance area; 2 scenarios are possible, the price can break and retest to continue up, or reach the resistance level, fall or fakeout & fall.
Note
resistance reached, now it can go down, or a double top can form and then go down.
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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.