As you see in the 4H timeframe, GBPUSD has a clean strong bullish structure. Price has made higher highs and lows.
Moreover, it has broken the yellow zone and fixed above it which was a resistance before and now it has turned into a support zone.
If price makes a higher high and breaks the red resistance level at 1.2582, I expect a continuation on the rise to 1.2637
What do you think? Tell me :)
Moreover, it has broken the yellow zone and fixed above it which was a resistance before and now it has turned into a support zone.
If price makes a higher high and breaks the red resistance level at 1.2582, I expect a continuation on the rise to 1.2637
What do you think? Tell me :)
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