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GBPUSD 30min Analysis March 25th, 2021

OANDA:GBPUSD   British Pound / U.S. Dollar
Trade Scenario 1: Bullish - For us to go long we want to see price break above 1.3730. We will then wait for a retrace and for 1.2730 to act as support. Enter on strong bullish setups, first targeting previous highs around 1.3790

Trade Scenario 2: Bearish - For us to go short we need to see price break below 1.3670. We will then wait for a retrace and for 1.3670 to flip as resistance. Enter on strong bearish setups, first targeting previous highs around 1.3620