Thursday 23 June 2022

GBPUSD: Fighting hard for support at the bottom end of the 4 hour cloud chart!

GBPUSD: Fighting hard for support at the bottom end of the 4 hour cloud chart! Rebound potential if support holds, if not then outlook changes to bearish on the 4 hour cloud chart as soon as price action stays below the cloud!
Outlook remains bearish on the daily cloud chart since price action is below the cloud. The bottom end of the cloud is a major resistance zone!

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