#trading_idea #GBPUSD 💡
💸Sterling - Whatch the Resistance
On the 4H chart, The price has broken the 1.275 level, suggesting a potential move upward toward the Bollinger Bands' upper boundary. The pair is trading above the 100 MA, and the MACD indicates the possibility of continued growth.
🔼A breakout above 1.28 could lead to a move towards the 1.2848 area.
🔽While failure to break this level might cause a pullback to support at 1.275 and lower.
😎 Hit "👎" if you believe the price will rise and "👍" if you think it will slide.
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