GBPUSD- 31Mar2022
GBP price action looks weak compared to EUR for the last few days.
On the H4, price tried to bounce from the support at 1.30500. We will need to wait and see whether its market structure can form higher highs and higher lows. If it drops lower, we also need to wait and see whether previous bottom at 1.3000 can hold.
This is for personal record purposes only, not financial advise or solicitation of trade.
GBP price action looks weak compared to EUR for the last few days.
On the H4, price tried to bounce from the support at 1.30500. We will need to wait and see whether its market structure can form higher highs and higher lows. If it drops lower, we also need to wait and see whether previous bottom at 1.3000 can hold.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.