GBP / USD H1 Trend watch!
Yesterday been 16/08/21, GBPUSD reversed from a 3 times tested RESISTANCE level turning it into a PROVEN RESISTANCE area.
As it stand the price is ranging on a WEAK SUPPORT region @ 1.38350.
POSSIBLE MARKET DIRECTION; The price will possibly fall further to the lower VERIFIED SUPPORT level spotted @1.37920 trying to match up with the former trend line.
Moreover, we already having PROVEN RESISTANCE level which might be so hard for the price to break unless on tough EVENT cause.
HAPPY TRADE TIME
As it stand the price is ranging on a WEAK SUPPORT region @ 1.38350.
POSSIBLE MARKET DIRECTION; The price will possibly fall further to the lower VERIFIED SUPPORT level spotted @1.37920 trying to match up with the former trend line.
Moreover, we already having PROVEN RESISTANCE level which might be so hard for the price to break unless on tough EVENT cause.
HAPPY TRADE TIME
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