GBPUSD:31/10/2023: Daily Chart Analysis

31 Okt 2023

You can see important support and resistance in the pound's daily chart.

As you can see the price couldn't make a lower low after touching the bearish order block and the price broke the previous high so we can expect a bullish movement for GBPUSD.

There is the bearish order block in front of the price and then a liquidity pool above the previous minor and major lows which can be defined as targets of this bullish move.

Please pay attention to the details on the chart.




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🗓31/10/2023
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