GBP/USD Analysis
As you can see, the price is moving as I anticipated, but it's happening very slowly. Yesterday was Monday and the market's opening, and usually, the movement on Monday is slow. Today, we have impactful news for both the EUR and USD, so we'll see what happens by the end of the day.
I probably won't trade today, but if an opportunity presents itself, I will take it.
The price on the 1-hour chart has not yet created a BOS (Break of Structure), so the structure is still bullish.
I probably won't trade today, but if an opportunity presents itself, I will take it.
The price on the 1-hour chart has not yet created a BOS (Break of Structure), so the structure is still bullish.
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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.