Pair Name : GBP/USD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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Key Technical / Direction ( Sell Opportunity ) Break Out
Type : Mid Term Swing
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☑ Bearish Break: 1.31550
💠 Chance of Successful Reversal at This Level: 90 %
This level has experienced 10 Reversals and has respected the Reversal each time.
💠 Key Level Mention and Reasoning
Our key Reversal level is 1.31550 . The price has retested this level multiple times, and there has been one fake-out. This shows the level's significance and Weakness in price action.
💠 Crosses with Trend or Channel?
Yes, our breakout choch level intersects with a pattern Reversal in the same area, reinforcing the importance of this level.