ForexDailyUpdate

GBPUSD: Waiting for Breakout

FX:GBPUSD   British Pound/U.S. Dollar
4 months ago
Traders!

We're looking at a breakout during this consolidation period on GBPUSD             .

Currently we're looking to retest the hourly support, watch for the breakout. If we bounce off the support we're looking to retest the resistance level and watch for a breakout.

Will keep everyone updated on the progression.

Please see this video for details: https://youtu.be/oW7pI8-eTxw

Happy Trading!
4 months ago
Comment: Getting squeezed into a corner, watch for the breakout!
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