GBPUSD chart in the 4-hour time frame, we can see that the price is trading in the range and last week was in buys, as I expected, the price could come to the Bearish order block and short-term selling till 1.25500, it will rise again! The important demand range in the 4-hour time frame can have an initial reaction to this level, and if the price can stabilize below, we may see a heavy fall in GBPUSD.
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.