GBPUSD Forex Analysis - False Break Above 1.2546 Daily Resistance

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily, 4 hour, and 15-minute charts.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily, 4 hour, and 15-minute charts.

Yesterday price reversed back below the 1.2546 daily resistance level.

1.2546-56 the daily resistance level and 62% fib retracement level.

1.2575-83 the 79% fib retracement level and daily resistance level.

Watching for price to rally and fail at an intraday resistance area for a further decline.

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Réglementation: ASIC (Australia), FSCA (South Africa)
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