GBPUSD Preparing for reversal? (H4)

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

Updated

FX:GBPUSD British Pound / U.S. Dollar

Trend Analysis Support and Resistance Supply and Demand GBPUSD

trendanalysis supportandresistance supplyanddemand gbpusd

Price previously broke through the ascending trend line with a strong bearish impulse. Price has retested the area of resistance above & rejected now multiple times, I am watching for one last retest / rejection to the resistance zone above next week for price to make a move to the downside into the support zone of interest below.

Comment:

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