GBPUSD- 03Jan2022
GBPUSD- 03Jan2022
On the weekly, price bounced to 200MA resistance. We could expect the GBPUSD to pull back whole of this week..
On the H4 timeframe, price bounced above Fib confluence resistance area around 1.3520. With price at weekly resistance and Stochastic indicating negative bearish divergence, we could expect price to pull back to at least 1st Support at 1.34615.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, price bounced to 200MA resistance. We could expect the GBPUSD to pull back whole of this week..
On the H4 timeframe, price bounced above Fib confluence resistance area around 1.3520. With price at weekly resistance and Stochastic indicating negative bearish divergence, we could expect price to pull back to at least 1st Support at 1.34615.
This is for personal record purposes only, not financial advise or solicitation of trade.
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