SroshMayi

GBPUSD 4H (Downward trend )

Short
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD

Technically:
Stabilizing the price under 1.2197 will support falling to get 1.2031 and under it 1.1913
But otherwise, stabilizing above 1.2320 and above the channel will support rising to 1.24500

CPI less than 3.7% will support rising to 1.2450
More than 3.7% will support falling to reach 1.2196 and 1.2030
acting on 3.7% the market will be volatile and more will attend the uptrend

Pivot Price: 1.2197
Support price: 1.2120 & 1.2031 & 1.1920
resistance price: 1.2320 & 1.2380 & 1.24500

The movement will be between 1.2031 and 1.2450

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