GBPUSD- 13Dec2021
On the weekly, GBPUSD bounced from the 1st Support at 1.31780. We could expect it to rebound to 1st Resistance at 1.33220.
On the H4 timeframe, prices finally broke out of the descending wedge with confirmation. Ideally, we could expect it to pull back to breakout 1st Support at 1.32180 before further upside to daily resistance at 1.33220.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly, GBPUSD bounced from the 1st Support at 1.31780. We could expect it to rebound to 1st Resistance at 1.33220.
On the H4 timeframe, prices finally broke out of the descending wedge with confirmation. Ideally, we could expect it to pull back to breakout 1st Support at 1.32180 before further upside to daily resistance at 1.33220.
This is for personal record purposes only, not financial advise or solicitation of trade.