GBPUSD Forex Analysis - Retest & Failure At 1.2100 Level? - ForexLive

This article was written by Duncan Cooper – Senior Market Strategist & Trading Mentor.

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

Price is rallying back towards the 1.2100 level this week.

1.2099 - 1.2100 the 79% fib retracement level and the Figure.

Watching for price to rally and fail at this intraday resistance level for a further decline.

GBPUSD weekly chart on ACY MT4

GBPUSD daily chart on ACY MT4

GBPUSD 4-hour chart on ACY MT4

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

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2023-02-28 09:37:00Z
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