SroshMayi

GBPUSD 4H (still under the channel)

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

Technically:
Stabilizing the price under 1.2233 will support falling to 1.2031
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: 1.2233
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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