GBPUSD H4 - Short Setup
GBPUSD H4
Approaching our 1.42 whole number resistance price again, offering just in excess or 3.2R from resistance down to support, covering the majority of left side wicks.
Daily/H4 resistance, 1.42 whole number, breakout/yearly highs. Multiple confluences on this trading zone that have failed to see a sustained break above.
DXY moving sideways on support. Lots of USD related data today and tomorrow regarding labour figures, earnings and NFP.
Approaching our 1.42 whole number resistance price again, offering just in excess or 3.2R from resistance down to support, covering the majority of left side wicks.
Daily/H4 resistance, 1.42 whole number, breakout/yearly highs. Multiple confluences on this trading zone that have failed to see a sustained break above.
DXY moving sideways on support. Lots of USD related data today and tomorrow regarding labour figures, earnings and NFP.
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e-Mail: info@tradesimplefx.com
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