here we all know about market move in up, down, or sideways. In GBPUSD the situation is like we can expect to move on both sides up or down. but we have to wait for both conditions. the cart analysis is very powerful but we always must use stop loss for our capital protection.
best regard
ButterflyTraders
The British pound has reversed directions on Thursday and posted slight gains. Currently, GDP/USD is trading at 1.3759, up 0.16% on the day.
It has been a week of sharp swings for the pound. The week started with GBP/USD punching above the 1.39 line, but the pair could not hold on to these gains and fell close to the 1.37 level, before steadying on Thursday....
