gbpusd premium analysis 10/2/22

gu is still long term bearish but sells here at 1.12200 for the weekly/monthly open are valid, but if we start trading above that price, at 1.12400 we can have price reach highs at 1.13700, which in turn will break internally on the 1h within this 4h structure trend giving us the possibility of having a higher timeframe retracement like the weekly and those higher timeframe pull back targets would be @ 1.16800 for the short term buys.