GBPUSD possible heavy resistance coming up
We have some heavy resistance coming up on the GBPUSD.
Biggest one is the dotted red line - clear as day, this is a major pivot point.
Then we have the remaining 3 lines - comes up to 4 resistance items confluencing at once into the red box.
The bullish case is the quintuple hourly dojis with long bottom wicks.
I am in from 1.1316 with 2 lots.
15 min
Closer up view.
Biggest one is the dotted red line - clear as day, this is a major pivot point.
Then we have the remaining 3 lines - comes up to 4 resistance items confluencing at once into the red box.
The bullish case is the quintuple hourly dojis with long bottom wicks.
I am in from 1.1316 with 2 lots.
15 min
Closer up view.