GBPUSD- 10Feb2022
On the H4, price bounced, closed above 61.8% Fib resistance before dropping back down to the 1.35400. BOE Gov Bailey is also scheduled to speak later today. As long as price stays above 20EMA and trendline on the daily, we could expect GBPUSD to bounce higher.
This is for personal record purposes only, not financial advise or solicitation of trade.
On the H4, price bounced, closed above 61.8% Fib resistance before dropping back down to the 1.35400. BOE Gov Bailey is also scheduled to speak later today. As long as price stays above 20EMA and trendline on the daily, we could expect GBPUSD to bounce higher.
This is for personal record purposes only, not financial advise or solicitation of trade.