GBPUSD- 23Mar2022
GBPUSD- 23Mar2022
On the daily, GBPUSD is bouncing back above the 20EMA. Will have to wait and see whether today's can confirm above the 20EMA.
On the H4, price has broken out of Inv H&S neckline at 1.31935 with a potential upside target to around 1.33970. Currently price is at Stochastic resistance, hence it could potentially pull back to neckline at 1.31935 before bouncing up higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the daily, GBPUSD is bouncing back above the 20EMA. Will have to wait and see whether today's can confirm above the 20EMA.
On the H4, price has broken out of Inv H&S neckline at 1.31935 with a potential upside target to around 1.33970. Currently price is at Stochastic resistance, hence it could potentially pull back to neckline at 1.31935 before bouncing up higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
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