I would wait
GBPUSD - 1H Chart
Right now we should wait.
Price is in the uptrends channel but it is close to the point where trend could change again.
I would wait till price goes down till this marked white box.
From there we need to look at price action. If this area is rejected to the upside, then our buys are still valid.
If price breaks this box and goes under 1.37515 then we will sell for some time.
What do you think?
Right now we should wait.
Price is in the uptrends channel but it is close to the point where trend could change again.
I would wait till price goes down till this marked white box.
From there we need to look at price action. If this area is rejected to the upside, then our buys are still valid.
If price breaks this box and goes under 1.37515 then we will sell for some time.
What do you think?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.