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GBPUSD 4H (consolidating...)
British Pound / U.S. Dollar
GBPUSD 4H (consolidating...)
By SroshMayi
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Oct 7, 2022
8
Oct 7, 2022
GBPUSD
The US index is still in the consolidation zone but it is more likely to rise up
so due to that, the direction of GBPUSD for today looks down but should break 1.1097 to be a downtrend
and now if breaks 1.1225 then will reach 1.1342 and 1.1445, by the closing 4h above it
generally above 1.14810 is an uptrend
under 1.1020 is a downtrend
Supply and Demand
Support and Resistance
Trend Analysis
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