GBPUSD : Short-term Analysis

see older  >>> GBPUSD retested the short-term resistance


4 Hours Chart Plan

A. Engulfing rejection from support zone could target resistance 1.5263 again

            –    retest 1.5263 = sell signal , target at support zone

            –    Strong candle break above 1.5263 could target 1.5359

B. Retest lower trendline (support zone) = buy signal , target 1.5263  ( range trading )

            –   strong candle break below support zone could 1.5099 (bearish continuation)




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