GBPUSD H4 | Rising to 1st resistance?

BY admin admin

TitleGBPUSD H4 | Rising to 1st resistance?TypeBullish BouncePreference:The price is on the pivot point at 1.25689, an overlap support. It could bounce off pivot point and rise to 1st resistance level at 1.27206, an overlap resistance.Alternative scenario:Price will break through pivot point and fall to the 1st support level at 1.23732,  an overlap support.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Play of the Day: Is CHF/JPY Getting Ready to Extend Its Uptrend?

<p>CHF/JPY made lower highs and lower lows but is also seeing buying pressure near an inflection point. Will this lead to the pair extending its weeks-long uptrend?</p>

Forex

Kratos Awarded $16 Million+ Contract for Avionics Trainers for the Australian Defence Force (ADF)

<p>SAN DIEGO, Oct. 19, 2023 (GLOBE NEWSWIRE) &#8212; Kratos Defense &#38; Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Marke

Forex

Brave Software and NYIAX Announce Partnership Utilizing Blockchain

The firms collaborate to connect advertisers and consumers.

Copyright © 2024 | WordPress Theme: Xews Lite