GBPUSD 4H : Above 1.2261 will support to rise up
GBPUSD
New forecast
The British pound pair against the dollar presented slight positive trading yesterday, and is gradually creeping towards the awaited area at 1.2261, so that the bullish trend scenario remains effective, with a reminder that breaching this level will lead the price to conduct an additional upward correction, with its next target reaching 1.2310 and 1.2370.
Therefore the upward trend scenario will be remain Which will remain in place unless the 1.2173 level is broken and holds below it. while breaking 1.2173 will stop the upward trend and push the price to return to the main bearish path again.
support line : 1.2192, 1.2173
resistance line : 1.2261, 1.2313
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New forecast
The British pound pair against the dollar presented slight positive trading yesterday, and is gradually creeping towards the awaited area at 1.2261, so that the bullish trend scenario remains effective, with a reminder that breaching this level will lead the price to conduct an additional upward correction, with its next target reaching 1.2310 and 1.2370.
Therefore the upward trend scenario will be remain Which will remain in place unless the 1.2173 level is broken and holds below it. while breaking 1.2173 will stop the upward trend and push the price to return to the main bearish path again.
support line : 1.2192, 1.2173
resistance line : 1.2261, 1.2313
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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