GBP/USD seems to be in a strong range! This is why I suggest you to keep trading the range. Here my strategy is to go long until the resistance and then wait for a breakout (go long) or a retracement (go short). As you can see the RSI is not overbought so there’s a good range for the price to still go up. Besides, the MACD looks bullish right now so this is another good reason for going long!
Remember to put a stop loss in order to secure your capital! Not a financial advice. Enjoy your trade!
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.
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.