FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD is located in the daily supply zone. The 4-hour downtrend stops and may start again as a daily downtrend. If so, there may be a downward wave descending into the weekly demand zone, so buys should be cautious. Look for short-term sell opportunities.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.