GBPUSD PROJECTION
General view of GBPUSD
On the H4, GBPUSD reached a critical resistance level in a short-term bullish trend. Despite the bullish sentiment, a divergence has formed on the MFI, and the %R shows overbought.
🔼 If the bulls push the price above 1.3140, the target will be 1.3280, corresponding to 161.8 Fibonacci;
🔽 A break of the trend line will start the GBPUSD correction to 1.3030;
On the H4, GBPUSD reached a critical resistance level in a short-term bullish trend. Despite the bullish sentiment, a divergence has formed on the MFI, and the %R shows overbought.
🔼 If the bulls push the price above 1.3140, the target will be 1.3280, corresponding to 161.8 Fibonacci;
🔽 A break of the trend line will start the GBPUSD correction to 1.3030;
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.