GBPUSD 4H (bearish zone especially under 1.1020)

٩ أكتوبر ٢٠٢٢

GBPUSD

The US index is still in the consolidation zone but it is more likely to rise up

so due to that, the direction of GBPUSD for today looks down but should break 1.1097 to be a downtrend

and now the price is below that so will reach 1.1025 also, and then if breaks it will be a bearish zone

if breaks 1.1225 then will reach 1.1342 and 1.1445, and by the closing 4h above it

Pivot Price: 1.1090 & 1.1225
support price: 1.1020 & 1.0895 & 1.0720
resistance price: 1.1340 & 1.1445 & 1150