GBPUSD Forex Analysis – Price Reversal At 1.2400 Level?

Duncan Cooper - Senior Market Strategist & Trading Mentor

2023-01-26 14:17:08

 

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

GBPUSD Daily chart on ACY MT4

Price has moved back up to retest the 1.2400 level.

GBPUSD 4-Hour chart on ACY MT4

Watching for price to hold and fail at the 1.2400 level for a move back down to test the 1.2210 daily support level. 

 

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Tác giả

Duncan Cooper is a full-time trader and mentor and the Senior Market Strategist at ACY Securities. Trading full-time since 2009, Duncan's insights are from the battleground of real-time markets, not theory, and he thrives on educating traders to reach their financial goals.

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