GBPUSD- 28Feb2022
GBPUSD- 28Feb2022
Today price action is the focal point for GBPUSD on the monthly timeframe. If price close today below previous month's candle low at 1.33577, GBPUSD is expected to face further bearish pressure in March22.
On the H4, price gapped lower on Monday morning after facing bearish pressure from the 38.2% Fib resistance last Friday. On the bigger picture, GBPUSD has further downside target at 1.30500 after it broke below the triangle pattern.
This is for personal record purposes only, not financial advise or solicitation of trade.
Today price action is the focal point for GBPUSD on the monthly timeframe. If price close today below previous month's candle low at 1.33577, GBPUSD is expected to face further bearish pressure in March22.
On the H4, price gapped lower on Monday morning after facing bearish pressure from the 38.2% Fib resistance last Friday. On the bigger picture, GBPUSD has further downside target at 1.30500 after it broke below the triangle pattern.
This is for personal record purposes only, not financial advise or solicitation of trade.
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