GBPUSD
Bullish Closed

A Price Action Channel Down pattern formation on the 4 Hour time frame chart supports GBPUSD Bullish bias. A break of 1.20585 will support the rise towards the target of 1.22170 the break of 1.22170 would push the price to 1.23227.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 1.249
  • Support S1: 1.2486, S2: 1.2484 , S3: 1.248
  • Resistance R1: 1.2492 , R2: 1.2496 , R3: 1.2498