GBPUSD_H4_Main plays for a near future
Hello there.
I analyzed GBPUSD and came up with the following idea. Main SR levels below for me are 1.2215 and 1.2267. I expect price to move to 1.2267 first and then may brake down to 1.2215. If that happens I will consider shorts. Otherwise price may bounce from there up to 1.2570.
Anyway the price action is bullish and every hint on lowering US inflation may push the price sharply up.
I analyzed GBPUSD and came up with the following idea. Main SR levels below for me are 1.2215 and 1.2267. I expect price to move to 1.2267 first and then may brake down to 1.2215. If that happens I will consider shorts. Otherwise price may bounce from there up to 1.2570.
Anyway the price action is bullish and every hint on lowering US inflation may push the price sharply up.
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.