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GBPUSD 4H (Trade at the narrow area)

OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD

OUTLOOK

The price of GBPUSD trade at the narrow area which is between support zone and resistance zone

as long as price trade above support zone 1.2603 - 1.2650 the chance of rise up increase but to confirm that should price stable above resistance zone 1.2814 - 1.2850 and then will try to reach 1.2997 and 1.3138

other wise , stabilized under support zone it will lose more points and record a new lows and reach 1.2537 and 1.2467

Today news will affect the market

support line :1.2650 , 1.2603
resistance line : 1.2814 , 1.2850

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