GBPUSD 4HRS WEEKEND OUTLOOK 8/8
#OPINIONLEADER# #OPINIONLEADER#
GBPUSD closed as a triple bottom at 1.3873 on Friday, a close below this current level may lead price to the 1.37721 resistance area and for a close above this level, price may consolidate or perhaps hit 1.3943 before further actions.
I have a bearish bias for the next hours but would be expecting bullish pressures around 1.3726 region; I would be looking for sell opportunities if price closed below this triple bottom support level, but long opportunities at 1.37721 area depending on price action around the zone.
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