SroshMayi

GBPUSD 4H (consolidating...)

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

The US index is still in the consolidation zone but it is more likely to rise up

so due to that, the direction of GBPUSD for today looks down but should break 1.1097 to be a downtrend

and now if breaks 1.1225 then will reach 1.1342 and 1.1445, by the closing 4h above it

generally above 1.14810 is an uptrend
under 1.1020 is a downtrend

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