GBPUSD 4H (consolidation between 1.1097 & 1.1225)

GBPUSD

The US index is still in the consolidation zone but it is more likely to rise up

so due to that, the direction of GBPUSD for today looks down but should break 1.1100 to be a downtrend

and now if breaks 1.1225 then will reach 1.1342 and 1.1445

generally above 1.14810 is an uptrend
under 1.1020 is a downtrend

Pivot Price: 1.11080 & 1.1225
support price: 1.1020 & 1.0895 & 1.0720
resistance price: 1.1340 & 1.1445 & 1150
Supply and DemandSupport and ResistanceTrend Analysis

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