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ForexTrends

$GBPUSD - Return to the 2023 Lows

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
ForexTrends  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
4
0
trendanalysis chartpattern waveanalysis
$GBPUSD failed to rally higher out of consolidation and returned to the 2023 channel lows.

Daily support trendline pierced. Is this a spring/false break?

Wide range 4h candle closed on the lows.

Looking for testing of support and rejection.

Pay attention to how price reacts. Especially, the closer we get to NFP.

Efforts vs. Results.

Plan. Execute. Next.

Trade Less. Make More.
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