Hello friends, GBPUSD has been consolidating below the 100 EMA on the 4H chart for the last few days.
It has also retested the broken Support and formed a Rejection candle.
In my opinion, GBPUSD has the potential to drop to 1.2240 and even 1.2158 this week.
If price is unable to break the Broken Support-turned-Resistance level, then Traders can look for Sells with targets as mentioned in my chart
It has also retested the broken Support and formed a Rejection candle.
In my opinion, GBPUSD has the potential to drop to 1.2240 and even 1.2158 this week.
If price is unable to break the Broken Support-turned-Resistance level, then Traders can look for Sells with targets as mentioned in my chart
