OANDA:GBPUSD   British Pound / U.S. Dollar
GBP/USD

Price showed a bullish reversal from 1.38140, later confirmed bearish continuation from a high of 1.39399 taking out the bullish base @1,38140. price action has currently taken out the major bullish base @ 1,37865.

bulls has higher edge to the market currently than the bears. bullish confirmation and entries should be should be considered currently than the bears.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.