GBPUSD- 17Dec2021
On the daily, price bounced back to 20EMA for the first time after the downtrend. We could expect price to pull back today.
On the H4 timeframe, price faced bearish pressure at the 1.3379 area. We could expect the price to bounce back and retest this area before pulling back to 1st Support at 1.32440
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price bounced back to 20EMA for the first time after the downtrend. We could expect price to pull back today.
On the H4 timeframe, price faced bearish pressure at the 1.3379 area. We could expect the price to bounce back and retest this area before pulling back to 1st Support at 1.32440
This is for personal record purposes only, not financial advise or solicitation of trade.