TheTradersAvenue

GBPUSD > The Perfect Place for A Sell.

Short
TheTradersAvenue Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Analysis of #GBPUSD


the GBPUSD is getting squeezed between trend line support and resistance and trader are not able to push the market further to the upside as you can see the highs are getting shorter and shorter, however, this is not enough to get in a short trade just right now.

I am waiting for a break of trendline support and a close below the minor structure support level before considering a sell.


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Thanks for your continued support!
Trade closed: target reached

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