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FX.co ★ GBP/USD IPDA 60 Day Ranges Price Movement For April 20, 2020

GBP/USD IPDA 60 Day Ranges Price Movement For April 20, 2020

GBP/USD IPDA 60 Day Ranges Price Movement For April 20, 2020

As we can see on the 4-hour chart, Cable is now trying to reach the nearest liquidity pool at 1.2647 as its first target and 1.2773 as its secondary target. Nevertheless, this scenario will be canceled if GBP/USD moves bellow the 1.2222 level. The overall bias for GBP/USD is bullish.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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