GBPUSD | MULTIPLE RESISTANCE
GBPUSD has been trading in a bullish trend after made a bottom of 1.0370. The price on 4H time frame has approached to horizontal resistance. The same zone is confluence of multiple resistance.
1) Horizontal resistance
2) Falling Resistance
3) 200SMA
The bears can get control at this confluence zone.
Manage your trades accordingly.
1) Horizontal resistance
2) Falling Resistance
3) 200SMA
The bears can get control at this confluence zone.
Manage your trades accordingly.
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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.
Related publications
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.