GBPUSD- 27Jan2022
On the daily, price is dropping to Tuesday's low. If price breaks below, we could expect GBPUSD to drop to support at 1.33850.
On the H4, price is at possible h&s neckline. If it close below around 1.34375 and follow through, we could expect it to drop lower to target around 1.3130 in the medium term.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, price is dropping to Tuesday's low. If price breaks below, we could expect GBPUSD to drop to support at 1.33850.
On the H4, price is at possible h&s neckline. If it close below around 1.34375 and follow through, we could expect it to drop lower to target around 1.3130 in the medium term.
This is for personal record purposes only, not financial advise or solicitation of trade.