GBP/USD H1 – Market Analysis for 04/01/2022

GBP/USD Forex Analysis by Fx Forever:

Read the details below to understand the upcoming move of the forex market.

Upcoming Direction:

Short-Term Sell Trade

The technical analysis of the pair is below:
(Wait for the ideal breakout in downside)
Break the price level = 1.34580
Break the price level = 1.34503

After the breakout in downside, wait for a retest (reference Price level is 1.34580 to 1.34503 ideal break out in downside), which is a very high probability trade for the GBP/USD short (sell) position.
Please follow the Sell price area and execute your trades under the SL & TP.

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