GBPUSD 4H :NFP report will affect on the market
Updated
GBPUSD
New forecast
The price of GBPUSD rose yesterday and continues to move within the bullish intraday channel and it was succssecflly to breach the resistance zone , awaiting the resumption of the bullish wave targeting the 1.2270 AND 1.2321 levels as the next main station.
Therefore, the positive scenario will remain effective for the coming period. and is obtaining good positive support from the 50 moving average and Stability above 1.2216 will facilitate the price’s task of achieving the proposed target, while breaking 1.2192 will stop the expected rise and put pressure on the price to turn lower.
The expect range trading for today it will be between the resistance line 1.2270 and support line 1.2156.
Additionally ,Today News will affect the market .
support line : 1.2216 , 1.2192
resistance line : 1.2270 , 1.2321
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price of GBPUSD rose yesterday and continues to move within the bullish intraday channel and it was succssecflly to breach the resistance zone , awaiting the resumption of the bullish wave targeting the 1.2270 AND 1.2321 levels as the next main station.
Therefore, the positive scenario will remain effective for the coming period. and is obtaining good positive support from the 50 moving average and Stability above 1.2216 will facilitate the price’s task of achieving the proposed target, while breaking 1.2192 will stop the expected rise and put pressure on the price to turn lower.
The expect range trading for today it will be between the resistance line 1.2270 and support line 1.2156.
Additionally ,Today News will affect the market .
support line : 1.2216 , 1.2192
resistance line : 1.2270 , 1.2321
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed: target reached
The price perfectly fulfills my last idea and reached to our second target +100 pip .
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