British Pound / U.S. DollarUpdated GBPUSD Preparing for reversal? (H4)
Price previously broke through the ascending trend line with a strong bearish impulse. Price has retested the area of resistance above & rejected now multiple times, I am watching for one last retest / rejection to the resistance zone above next week for price to make a move to the downside into the support zone of interest below.
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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.