GBPUSD 4H maintains its positive stability

Updated
GBPUSD

The pound sterling pair against the dollar focused on the breached resistance of the descending channel and rebounded upward to resume the expected upward corrective path in the immediate term.

stabilizing above 1.2172 will support rising to touch 1.2233 then 1.2280 then 1.2328

stabilizing under 1.2124 will support falling to touch 1.2095 then 1.2069

The expected trading range for today is between support 1.2035 and Resistance 1.2233

pivot price: 1.2172
Resistance prices: 1.2233 & 1.2280 & 1.2328
Support prices: 1.2095 & 1.2069 & 1.2035

The expected trading range for today is between support 1.2124 and resistance 1.2233

The general trend expected for today: bullish

timeframe: 4H
Note
GBPUSD 4H maintains its positive stability
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