GBPUSD 4H maintains its positive stability
GBPUSD
The pound sterling pair against the dollar focused on the breached resistance of the descending channel and rebounded upward to resume the expected upward corrective path in the immediate term.
stabilizing above 1.2172 will support rising to touch 1.2233 then 1.2280 then 1.2328
stabilizing under 1.2124 will support falling to touch 1.2095 then 1.2069
The expected trading range for today is between support 1.2035 and Resistance 1.2233
pivot price: 1.2172
Resistance prices: 1.2233 & 1.2280 & 1.2328
Support prices: 1.2095 & 1.2069 & 1.2035
The expected trading range for today is between support 1.2124 and resistance 1.2233
The general trend expected for today: bullish
timeframe: 4H
The pound sterling pair against the dollar focused on the breached resistance of the descending channel and rebounded upward to resume the expected upward corrective path in the immediate term.
stabilizing above 1.2172 will support rising to touch 1.2233 then 1.2280 then 1.2328
stabilizing under 1.2124 will support falling to touch 1.2095 then 1.2069
The expected trading range for today is between support 1.2035 and Resistance 1.2233
pivot price: 1.2172
Resistance prices: 1.2233 & 1.2280 & 1.2328
Support prices: 1.2095 & 1.2069 & 1.2035
The expected trading range for today is between support 1.2124 and resistance 1.2233
The general trend expected for today: bullish
timeframe: 4H
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