➡️GBP/USD is holding a range at around 1.24300 during the European session on Wednesday. A broadly bearish US dollar combined with risk-off sentiment in the market supported the pair, as traders awaited US Midsize Durable Goods data for further trading guidance. .
➡️The main trend of the GBPUSD market is still in the falling price range. The pair's resistance levels remain clearer and stronger. The current important price range for the pair is at 1,240. When the pair holds above this level, it shows that it is recovering to important resistance areas at 1,248 at the old peak and 1,255 at the trendline.
🕯BUY scalping trading signal 1.24000 Stoploss 1.23600
Important technical areas:
Resistance: 1.24800 - 1.25500
Support: 1.24000 - 1.23200
➡️The main trend of the GBPUSD market is still in the falling price range. The pair's resistance levels remain clearer and stronger. The current important price range for the pair is at 1,240. When the pair holds above this level, it shows that it is recovering to important resistance areas at 1,248 at the old peak and 1,255 at the trendline.
🕯BUY scalping trading signal 1.24000 Stoploss 1.23600
Important technical areas:
Resistance: 1.24800 - 1.25500
Support: 1.24000 - 1.23200
Comment:
True to analysis EURUSD increased slightly at the end of Wednesday's trading session
Comment:
exactly as the predicted trend. The pair has increased sharply
Trade closed: target reached:
GBPUSD has successfully recovered and is approaching the trendline resistance area of the h4 frame
Trade closed: target reached:
hit FULL TP GBPUSD
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