GBPUSD Short
GBPUSD has a hurdle right at 1.364.
We are expecting price to retrace to 1.355 before going for the 1.364 level. If price retests this level and it doesn't push through, then we can see price falling to 1.343 for a bit of support before reattempting to break 1.364 level.
Price could also fall to 1.343 without attempting to break 1.364 level.
If price pushes through 1.364, next area of structure is 1.371.
We are expecting price to retrace to 1.355 before going for the 1.364 level. If price retests this level and it doesn't push through, then we can see price falling to 1.343 for a bit of support before reattempting to break 1.364 level.
Price could also fall to 1.343 without attempting to break 1.364 level.
If price pushes through 1.364, next area of structure is 1.371.
Feragatname
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