Looking at GU we have come up to 1.42 region and have respected it quite well overall last week was bearish but the trend is still bullish on 4hr we can see no structure has been broken so I'm still looking for buys from these two areas we have to remember the overall trend is higher so looking for sells while we have been in a strong uptrend is us going against...
GBPUSD price now in resistacne zone what we can except...
1) RED
Price can Make a little correction moves downwards upto 1.31200 and then it can move upwards
Wait for Price Confirmation @ 1.31200 and then GO LONG...
Take Profit @ 1.32600
2) BLUE
Price move to new support level Where it will meet upwards trendline @ 1.29950 - 1.300000
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