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FX.co ★ GBPUSD,H4 | Potential breakout?

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Forex Analysis:::2023-07-04T07:02:33

GBPUSD,H4 | Potential breakout?

GBPUSD,H4 | Potential breakout?

GBP/USD chart shows a neutral momentum, lacking clear direction. Price may fluctuate between the 1st resistance at 1.2727 and the 1st support at 1.2673. Supports include overlaps and Fibonacci Retracement, while resistances are multi-swing highs and overlaps. A symmetrical triangle pattern suggests consolidation, with potential for bullish or bearish breakout

Analyst InstaForex
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