GBPUSD 4hr:
• Because price on the daily and weekly timeframe rejected off 1.2700 monthly resistance and closed below it, I do still believe this pair is still very bearish.
• Even though price on the 4hour has broken through 1.2700 I do see it now making way up to 1.2740 resistance + 0.79 Fibonacci level rejecting off that and possible rolling over back into the range and down to 1.2531 support.
Order avbruten:
no entry no longer valid