#GBPUSD Price trading in nearby 4hr resistance area and it breakout the 4hr trendline and bearish candlesticks formed its will take entry for below the bearish candlestick and its will go for the next level of support
Why we like it:
Price is trading in nearby 4hr resistance area
breakout the 4hr trendline
waiting for bearish candlesticks formed
possible to move next support area
1st support:
1.35400
Next Zone area & horizontal swing Low support
2nd support:
1.34858
Next Zone area & horizontal swing Low support
1st Resistance
1.37287
Zone area & horizontal swing high resistance
Why we like it:
Price is trading in nearby 4hr resistance area
breakout the 4hr trendline
waiting for bearish candlesticks formed
possible to move next support area
1st support:
1.35400
Next Zone area & horizontal swing Low support
2nd support:
1.34858
Next Zone area & horizontal swing Low support
1st Resistance
1.37287
Zone area & horizontal swing high resistance