GBPUSD- 29Apr2022
On the daily, GBPUSD dropped below 61.8% Major Fib support but have not confirm. We could expect a short-term bounce.
On the H4, GBPUSD continues to drop lower. With H4 Stochastic indicating negative bullish divergence , we could expect GBPUSD to have a short-term bounce to 1st Resistance at 1.26200.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.
On the daily, GBPUSD dropped below 61.8% Major Fib support but have not confirm. We could expect a short-term bounce.
On the H4, GBPUSD continues to drop lower. With H4 Stochastic indicating negative bullish divergence , we could expect GBPUSD to have a short-term bounce to 1st Resistance at 1.26200.
Disclaimer: This is for personal work record purposes only, not financial advise or solicitation of trade.