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GBPUSD 4H (1.2159 is a pivot line)
British Pound / U.S. Dollar
Long
GBPUSD 4H (1.2159 is a pivot line)
By SroshMayi
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Dec 6, 2022
7
Dec 6, 2022
1.2159 is a pivot line to change the direction
Generally:
if break 1.2159 b y closing 4h candle under it the direction will be bearish to reach 1.2073 and 1.1945
But stabilizing the price above 1.2159 will support the price to stable at the bullish zone to reach 1.2266 and 1.2368
Timeframe: 4h
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Pivot Price: 1.2159
Resistance Price: 1.2230 & 1.2266 & 1.2334
support price: 1.2073 & 1.1987 & 1.1945
Supply and Demand
Support and Resistance
Trend Analysis
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