GBP/USD Returns Near 1.34965 as Levels Matter
Research preview
GBP/USD Hourly, Daily And Weekly Candle Charts GBP/USD is trading near 1.34846 against the daily pivot at 1.34778, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. GBP/USD H1 candlestick chartOn H1 with price near 1.34846 is more useful as a level map than a momentum signal for now. The quality of the move depends on sellers closed the latest candle below its open inside a 1.34829-1.34866 candle range, the recent sequence is compressed and two-sided, while price remains above pivot 1.34778. A stronger read requires the next hourly close should either defend the reaction zone or expose a false start;...
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