GBPUSD- 22Feb2022
On the daily, GBPUSD faced bearish pressure after UK Manufacturing and Services PMI came in higher than expected.
On the H4, price dropped back below the descending trendline after bouncing from just one candle. If it drops lower, we could expect it to find support at 1.35450.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, GBPUSD faced bearish pressure after UK Manufacturing and Services PMI came in higher than expected.
On the H4, price dropped back below the descending trendline after bouncing from just one candle. If it drops lower, we could expect it to find support at 1.35450.
This is for personal record purposes only, not financial advise or solicitation of trade.