GBPUSD Intra-day Analysis 4th Jan. 2021

• 2021-01-04 22:30:02
• 28 Comments
• 88 Views
• Forex
• Maier Noor

Turning Down

Our Pivot: 1.3730

Our Preference: Short sell below 1.3695 with strict stop loss of 1.3730 and profit target at 1.3650 with extension towards 1.3620.

Alternate Scenario: Upward penetration of 1.3730 will call for 1.3780.

NOTE: GBP is being caged in an ascending wedge on hourly chart and right now it's moving downward after facing rejection from resistant trend line of that wedge.

Chart with supports & resistances:

RESPONSIVE 12 CSS 3 HTML 1 JAVASCRIPT 28 DESIGN 6 DEVELOPMENT 3

• ← Previous Post
• Next Post →