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GBP/USD – getting close to psychological price line

GBP/USD – getting close to psychological price line

GBP/USD is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 6 days and may test it again within the next 17 hours. Supported by Upward sloping Moving Average

Chart 15 Minutes
Pattern Resistance
Length 287 Candles
Identified 06-Sep-2022 05:45 UTC