GBPUSD 29 Nov 2022

GBPUSD 29 Nov 2022

GBPUSD 29 Nov 2022. GBPUSD on the H1 timeframe, it looks like this pair is trying to get back up when previously the price had fallen quite far.

However, this trend of price strengthening will not last long, because the Stochastic indicator has started to approach the level of 80, which is usually at that level the price tends to weaken again.

For scalpers who are waiting for a breakout of the support line, preferably before entering the market to go short.

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