GBPUSD H4
Lets see if we can start to fill this 1.34 resistance range now after seeing the hawkish moves off the back of the BOE interest rate hike. Pullbacks seen following the event, healthy corrections back down to 1.33 support.
1.33 support is our retest and confluence zone, effectively where we want to buy from. DXY rejecting that 96.500 price, a break south of 96.000 should send cable higher towards that 1.34 price.
Lets see if we can start to fill this 1.34 resistance range now after seeing the hawkish moves off the back of the BOE interest rate hike. Pullbacks seen following the event, healthy corrections back down to 1.33 support.
1.33 support is our retest and confluence zone, effectively where we want to buy from. DXY rejecting that 96.500 price, a break south of 96.000 should send cable higher towards that 1.34 price.
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Website - stan.store/TradeSimpleFX
Instagram: www.instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com