GBP/USD may reach 1.227 soon, 4H chart showing signs of reversal
Hello traders, GBP/USD may reach 1.2270 level soon. We have a bullish impulse
candlestick in the 4H timeframe.
📌If price manages to stay above 1.21, the next target would be the 1.2270 level.
📌As per my analysis, US dollar has peaked for the time being and we will see
a reversal in GBP/USD.
📌Eventually, my bullish target for GBP/USD is 1.2550 which I expect to be hit
in the next 3-4 weeks.
candlestick in the 4H timeframe.
📌If price manages to stay above 1.21, the next target would be the 1.2270 level.
📌As per my analysis, US dollar has peaked for the time being and we will see
a reversal in GBP/USD.
📌Eventually, my bullish target for GBP/USD is 1.2550 which I expect to be hit
in the next 3-4 weeks.
註釋
Price has broken the hourly moving average, nearly up 140 pips from the daily lows
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