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GBPUSD 4H (It looks bearish)
British Pound / U.S. Dollar
Short
GBPUSD 4H (It looks bearish)
By SroshMayi
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Updated
Sep 15, 2023
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Sep 14, 2023
GBPUSD forecast
The price reached their support line which is 1.24500 and already broken
So now stabilizing under 1.24500 has a bearish trend to get 1.2320
Otherwise, closing 4h candle above 1.24500 will support bullish to get 1.2536
Pivot Price: 1.2450
resistance prices: 1.2536 & 1.2700 & 1.2782
support price: 1.2378 & 1.2320 & 1.2260
The movement will be between 1.2450 and 1.2320
Sep 15, 2023
Note
the price will continue at the bearish zone because already stabilized under strong support zone
Supply and Demand
Support and Resistance
Trend Analysis
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