Saved local copy captured 2026-11-01. Data is a snapshot, not a live feed.

GBPUSD – Currency Pair in Oversold Territory

04.12.2024

H4: Over the past day, the situation on the chart has remained unchanged. The currency pair continues to stay in the oversold zone and has yet to rise above the four-hour supertrend line and the (0/8) level. Against this backdrop, we expect sideways movement within the current range, followed by a resumption of the downward trend.

Trading Decision: Sell at 1.2700, TP at 1.2450.