GBPUSD- 26Nov2021
On the H4 timeframe, prices continue to fall. With DXY reaching its upside target, we should be patient and wait for bullish reversal on GBPUSD.
Stochastic is also at support level where previous bounces occurred, we could expect a short-term bounce to 1st Resistance at 1.3360
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4 timeframe, prices continue to fall. With DXY reaching its upside target, we should be patient and wait for bullish reversal on GBPUSD.
Stochastic is also at support level where previous bounces occurred, we could expect a short-term bounce to 1st Resistance at 1.3360
This is for personal record purposes only, not financial advise or solicitation of trade.
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.
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.