GBPUSD- 24Jan2022
On the weekly, price faced bearish pressure and close lower last week. On the daily, price have dropped to 20EMA support where we could expect a short-term bounce.
On the H1, price unexpectedly achieved its h&s target at 1.3550 despite EURUSD closing higher last Friday. On the H4, price is making lower highs and lower lows and we could expect it to bounce to 1st Resistance at 1.36215 today.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price faced bearish pressure and close lower last week. On the daily, price have dropped to 20EMA support where we could expect a short-term bounce.
On the H1, price unexpectedly achieved its h&s target at 1.3550 despite EURUSD closing higher last Friday. On the H4, price is making lower highs and lower lows and we could expect it to bounce to 1st Resistance at 1.36215 today.
This is for personal record purposes only, not financial advise or solicitation of trade.