This is my breakdown on gbp/usd after observing it for weeks.
PRice have reached a monthly low, expecting a rejection at this price.
Looking at the 4h timeframe, price have been rejecting this zone 3 times.
Looks like its going to respect this support zone.
Will moniter the price action on the 15 min.
I am going to monitor the price action more closely and see if the price is reacting on the support.
FxBeams
PRice have reached a monthly low, expecting a rejection at this price.
Looking at the 4h timeframe, price have been rejecting this zone 3 times.
Looks like its going to respect this support zone.
Will moniter the price action on the 15 min.
I am going to monitor the price action more closely and see if the price is reacting on the support.
FxBeams
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