GBPUSD

GBPUSD parity tested the target box on Friday. Then, towards Friday evening, a 4-hour engulfing bearish candlestick formation was created. This formation was interpreted as a sell signal because it occurred immediately above the EMA20 indicator.The short-term trend on the DXY side seems to be upwards.Our parity has also lost the EMA50 average.1.2230 It may test around EMA100. Support: 1.227 – 1.2233 – 1.2182 Resistance: 1.2295 – 1.2306