What's up Traders.
GBPUSD is trading below the 50% fibonacci taken on the weekly TF, you can look for a possible move to the downside to complete a retest of previous support / pull back on the daily TF. Be on the look out on the 4H for any environmental change in the market from bullish to bearish and also a break of structure to the downside.
Conditions -
1.wait for confirmation
2.do your own analysis
3. Use risk management
* Dont forget to leave a like and a comment on your thoughts and questions about this pair below.
See you in the next analysis!
GBPUSD is trading below the 50% fibonacci taken on the weekly TF, you can look for a possible move to the downside to complete a retest of previous support / pull back on the daily TF. Be on the look out on the 4H for any environmental change in the market from bullish to bearish and also a break of structure to the downside.
Conditions -
1.wait for confirmation
2.do your own analysis
3. Use risk management
* Dont forget to leave a like and a comment on your thoughts and questions about this pair below.
See you in the next analysis!