On 4-hour chart, GBPUSD reached the resistance level but was unable to break through it. In addition, the price was unable to increase above the previous peak. Price correction indicators have already begun to appear. I expect the fall. Also on H4, the price is moving below the ichimoku cloud

• There is resistance 1.16898 followed by resistance at 1.16955 and 1.17672
• There is support at 1.15894, Below, there is 1.15321 and 1.14691.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.

gbpusd