GBPUSD is currently in a consolidation phase on the H4 Chart. This will create counter-trend opportunities on lower timeframes so I will be looking for price action patterns around the key Daily support and resistance zones. Price is currently @ the Daily Support Zone* ( 1.40730- 1.41080) so I will be looking for counter-trend opportunities on lower timeframes.
Daily Resistance Zone* ( 1.42170-1.42530)
4HR Resistance Zone Red Zone * ( 1.41820- 1.42030)
Daily Support Zone* ( 1.40730- 1.41080)
Daily Resistance Zone* ( 1.42170-1.42530)
4HR Resistance Zone Red Zone * ( 1.41820- 1.42030)
Daily Support Zone* ( 1.40730- 1.41080)
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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.