GBPUSD- 20Apr2022
On the H4, price found demand once again near the major support around 1.3000. There are small signs of recovery as price has bounced above 23.6% Fib retracement at 1.30195. If price can close above 50MA at around 1.30440 today, we could expect GBPUSD to bounce easily to 1st Resistance at 1.31110
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
On the H4, price found demand once again near the major support around 1.3000. There are small signs of recovery as price has bounced above 23.6% Fib retracement at 1.30195. If price can close above 50MA at around 1.30440 today, we could expect GBPUSD to bounce easily to 1st Resistance at 1.31110
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.