GBPUSD retests broken Support, can drop this week
Hello friends, GBPUSD has been consolidating below the 100 EMA on the 4H chart for the last few days.
It has also retested the broken Support and formed a Rejection candle.
In my opinion, GBPUSD has the potential to drop to 1.2240 and even 1.2158 this week.
If price is unable to break the Broken Support-turned-Resistance level, then Traders can look for Sells with targets as mentioned in my chart
It has also retested the broken Support and formed a Rejection candle.
In my opinion, GBPUSD has the potential to drop to 1.2240 and even 1.2158 this week.
If price is unable to break the Broken Support-turned-Resistance level, then Traders can look for Sells with targets as mentioned in my chart
