GBPUSD- 27Dec2021
On the daily, price have bounced back to previous breakdown trendline resistance at around 1.34210. If the price is able to close above this level, we could expect further upside.
On the H4 timeframe, price is playing out inverse h&s with price target at 1.36100. If the price can close above 1.34290, we could expect further upside to 1st Resistance at 1.35050.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price have bounced back to previous breakdown trendline resistance at around 1.34210. If the price is able to close above this level, we could expect further upside.
On the H4 timeframe, price is playing out inverse h&s with price target at 1.36100. If the price can close above 1.34290, we could expect further upside to 1st Resistance at 1.35050.
This is for personal record purposes only, not financial advise or solicitation of trade.