GBPUSD Analysis March 6, 2022
On the weekly timeframe, we can see that price has broken below the key resistance level at 1.33000 area. We are testing a minor level of support at 1.32000 but I do expect their to be further downside movement here.
On the h4 timeframe it lines up perfectly for sell opportunities. We just broke a previous LL point. Now we will wait for a retest of the 1.3300 area before heading lower. We just formed a doji candle to end last week which could mean we see reversal here
On the h4 timeframe it lines up perfectly for sell opportunities. We just broke a previous LL point. Now we will wait for a retest of the 1.3300 area before heading lower. We just formed a doji candle to end last week which could mean we see reversal here
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