GBPUSD H4 4th July insight
Cable
Much like all the major pairs, we are approaching a very interesting area where we can see strong rejection on price.
Daily
Bullish swing structure
H4
Bullish Swing structure broken, recent change of character could signal that the pullback on the daily is over and price to continue bullish to take out the recent highs
Liquidity
We can see some obvious pools of liquidity resting above the previous weekly range, week prior created an inside week, if price takes the inside week range high, we could see 1.29 and above
Much like all the major pairs, we are approaching a very interesting area where we can see strong rejection on price.
Daily
Bullish swing structure
H4
Bullish Swing structure broken, recent change of character could signal that the pullback on the daily is over and price to continue bullish to take out the recent highs
Liquidity
We can see some obvious pools of liquidity resting above the previous weekly range, week prior created an inside week, if price takes the inside week range high, we could see 1.29 and above
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.