GBPUSD / TRADING BELOW SUPPLY ZONE - 4H
GBPUSD / 4H TIME FRAME
HELLO TRADERS
currently prices trading below supply zone , it suggest under downward pressure.
If the price remains under 1.319, it is likely to decrease to around 1.304, with a further potential drop to 1.293. For the price to increase and reach new historical highs.
it must break through the supply zone and surpass the all-time high of 1.326. Achieving this would enable the price to rise to 1.333 and possibly even to 1.340.
Turning Level : 1.319
HELLO TRADERS
currently prices trading below supply zone , it suggest under downward pressure.
If the price remains under 1.319, it is likely to decrease to around 1.304, with a further potential drop to 1.293. For the price to increase and reach new historical highs.
it must break through the supply zone and surpass the all-time high of 1.326. Achieving this would enable the price to rise to 1.333 and possibly even to 1.340.
Turning Level : 1.319
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