GBPUSD down in H4 Timeframe

13 thg 6, 2022Comment:
Market is down based on H4 according to Ichimoku Trend Analysis.

Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles

Next Scenario:
Initial target is 1.21548, previous support. And since the Kumo is thin, market could reverse there.
If you want to trade in longer term, better to wait for a breakout of the support level.