Range
GBP/USD 4Hour
Here’s a dollar setup for ya! Cable is having trouble trading above the 1.3300 major psychological handle, which isn’t surprising since the level has been serving as resistance for the pair since early September.
Will the resistance hold for another day? Stochastic has just left overbought territory, so y’all might want to pay attention to any bearish momentum that could take the pair down to the 1.3200 area.
Shorting at the level could make for a good trade especially if the pound drops to the 1.3050 range support levels.
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