$GBP/USD I 4H Forex Trade Setup Update ● Current Status: GBP/USD is encountering resistance
1 year ago
5
$GBP/USD I 4H Forex Trade Setup Update
● Current Status: GBP/USD is encountering resistance near the Point of Control (POC),
close to the value area high of the range.
● Technical Indicators: Momentum and money flow are rising, indicating bullish pressure.
● Outlook: The moving averages have crossed bullish, suggesting potential continued upside. Traders should monitor for confirmation of sustained upward movement.
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