GBPUSD on a 4hr chart window.
Has hit a solid resistance at 1.308.
Price should bounce of resistance and slowly make its way to the next resistance at 1.34.
If it hits this resistance you could see a sharp decline on the bounce for it to the recover up to the top end of Fib at 1.364
Has hit a solid resistance at 1.308.
Price should bounce of resistance and slowly make its way to the next resistance at 1.34.
If it hits this resistance you could see a sharp decline on the bounce for it to the recover up to the top end of Fib at 1.364
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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.