GBPUSD SELL @1.2160
On the 4-hour chart, GBPUSD encountered resistance and fell back after rebounding to the early structural level. The short-term market formed an insidebar break. Currently, you can focus on the resistance near 1.2160. If the rebound encounters resistance, you can consider shorting. The bottom focus is around 1.207. If it falls below, it will test the previous trend. Low 1.2037. If it continues to fall, it will head towards the 1.200 mark.
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.