FX:GBPUSD   British Pound / U.S. Dollar
As you see in the 4H time frame, GBPUSD is in a downtrend and is making lower lows and lower highs.

Currently, price has broken the yellow support level and is trying to make a new lower low, but we should wait for the current 4H candle closure first to see if price can be closed below the yellow support level or not.

If price closed the bearish candle below the yellow support zone at 1.1620, we can expect more drop on GBPUSD towards 1.1446 which is a weekly support level.

Join My Telegram Channel:
t.me/Tradia_Channel

Follow My Instagram:
Mahtab_Tradia

My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
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.