GBPUSD – The Currency Pair Tests Resistance

24.04.2024

H4: The currency pair has shown significant local growth, but the price encountered resistance at the line of the daily super trend and the (2/8) level. In this context, we currently view this rise as a correction and from these positions, we expect a resumption of the downward movement with a renewal of the local trading minimum.

Trading Decision: Sell at 1.2460, TP at 1.2330.