GBPUSD | Technical Overview
The price has stabilized below the pivot level at 1.3372, which maintains a bearish outlook for the pair.
As long as GBPUSD trades under this level, the market is expected to move toward 1.3295, and a break below this zone may extend the decline toward 1.3232.
A 4H candle close above 1.3410 is required to reverse the current structure and activate a bullish momentum toward 1.3445.
Today’s U.S. CPI release will significantly impact market direction and volatility.
Pivot Line: 1.3372
Support: 1.3295, 1.3232
Resistance: 1.3410, 1.3445
Timeframe: 4H
Bias: Bearish while below 1.3372
The price has stabilized below the pivot level at 1.3372, which maintains a bearish outlook for the pair.
As long as GBPUSD trades under this level, the market is expected to move toward 1.3295, and a break below this zone may extend the decline toward 1.3232.
A 4H candle close above 1.3410 is required to reverse the current structure and activate a bullish momentum toward 1.3445.
Today’s U.S. CPI release will significantly impact market direction and volatility.
Pivot Line: 1.3372
Support: 1.3295, 1.3232
Resistance: 1.3410, 1.3445
Timeframe: 4H
Bias: Bearish while below 1.3372
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Technical & Macro Market Analyst specializing in Gold, U.S. Indices, and Forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.