GBPUSD- 15Nov2021
On the weekly timeframe , price close below previous breakout trendline and is going down in a bearish channel . We could expect continual bearish momentum to 1st Support at 1.32770 this week.
On the H4 timeframe, price had a short-term bounce. We could expect further short term bounce to 1st Resistance at 1.34670 before further downside to 1st Support at 1.32965.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the weekly timeframe , price close below previous breakout trendline and is going down in a bearish channel . We could expect continual bearish momentum to 1st Support at 1.32770 this week.
On the H4 timeframe, price had a short-term bounce. We could expect further short term bounce to 1st Resistance at 1.34670 before further downside to 1st Support at 1.32965.
This is for personal record purposes only, not financial advise or solicitation of trade.