If GBPUSD continues to struggle to make new lows, on a macro perspective the move could be complete and now start retracing higher to the move that brought us here in the first place.
Looking to sustain 1.19 targeting 1.90
Todays daily candle was teetering between +/-
We ended closing - but its a very weak close from bear
my plan today was if we close - like this i would long targeting new weekly highs
if we close weak + (weak bull) i would have looked to short the close.
based off probabilties bears seem like they are losing steam and markets seem to be
favoring longs. There...