patunida

buy low sell high GBP USD

Long
patunida Updated   
FX:GBPUSD   British Pound / U.S. Dollar
this is my analysis
whenever we reached down to this monthly key level, the price has just been trapped.
yes we are in a consolidation market currently and weve been in this zone for about a month now.

i see that price broke the trend line, and retested a zone for a pullback to 78.6%.
i believe we had a break of market structure and price decided to pullback.
weak buy opprotunity, but im down for it.
Comment:
i believe the pair will go higher.

price is struggling cause everyone is getting out.
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