GBPUSD, What’s next?
The is currently looking very bullish on 4 hour timeframe. GBPUSD has been printing lower lows and lower highs. We were waiting to see price reaction around level 1.34145 (Key support level). The price managed to print new lower lows at level 1.33548. I expect the price to climb high from here since it has already broken our descending trendline. The pair is currently showing us higher highs and High lows on 4 hour timeframe. buy orders should be opened around level 1.34868 (0.382 Fib level) where we expect a retest to take place.
https://teptforex.co.za/key-support-levels-for-eurgbp-gbpusd-gbpchf-and-nzdusd/
https://teptforex.co.za/key-support-levels-for-eurgbp-gbpusd-gbpchf-and-nzdusd/
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