GBPUSD (4H) recovery holds above 1.3550, 100-SMA remains key hurdle

GBPUSD holds a recovery bias but stays within a broader range as the 100-SMA caps momentum. Watch a break above 1.3600 for upside or a drop below 1.3520 to shift lower.
XM Group | 54 hari yang lalu

Overview: GBPUSD continues to recover from four-week lows near 1.3473, holding above 1.3550 and supported by the 20-SMA and long-term ascending trendlines. However, the 100-SMA near 1.3565 continues to cap upside momentum.

Momentum: Momentum signals remain mildly positive, but lack strong bullish conviction, keeping the pair rangebound for now.

Bullish Scenario: Overcoming the 100-SMA near 1.3565 could strengthen the recovery, with a move above 1.3600 potentially exposing higher targets such as 1.3665.

Risk: A fall below 1.3520 would weaken the bullish bias and shift the focus lower.

XM Group
Tipe: Market Maker
Regulasi: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
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