GBPUSD

GBPUSD pair continues to maintain its strong stance. The price bounced off the imbalance zone with high momentum and settled above the averages again.As long as it remains above 1.2421, the 4H EMA20 will be protected and the direction expectation will continue to remain upward. Support: 1.2421– 1.2378 Resistance: 1.2455 – 1.2469