GBP USD Hourly Chart Analysis
GBP USD Hourly Chart Analysis
Last week price rallied to the out most of
dec 2023 buy side liquidity creating a new high on Thursday.
It's likely that price could decline to the sell side liquidity at 1.26975 first target which is at the NWOP and could see price take out the clean equal lows of 1.26797. I suspect that could happen in London creating the low before rallying to my noted hourly IFVG at 1.27756 level for a daily target.
I don't have much experience for what to expect a new year volatility could be.
Last week price rallied to the out most of
dec 2023 buy side liquidity creating a new high on Thursday.
It's likely that price could decline to the sell side liquidity at 1.26975 first target which is at the NWOP and could see price take out the clean equal lows of 1.26797. I suspect that could happen in London creating the low before rallying to my noted hourly IFVG at 1.27756 level for a daily target.
I don't have much experience for what to expect a new year volatility could be.
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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.