GBP yen and expected selling areas

GBP/USD pair analysis.

 

The GBP/USD pair has started to rise again

After breaking the downtrend for the 4-hour frame And forming new demand areas for the 4-hour frame and the daily frame.

The pair is expected to continue rising in the coming period In the short and medium term, reaching the supply areas above.

In the event that the rise actually continues to reach the specified areas It is expected to drop from them to the targets shown on the chart.

These areas are considered among the best selling areas currently for the pair.

The analysis fails to penetrate and close the highest supply areas.

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