Analysis of #GBPUSD
We see on the weekly timeframe, price didn't break above the weekly bullish resistance point. Instead, we see price respect the zone with a BEARISH close below the resistance point. IF by the next open we see a candle opening below the previous close, we keep SHORTING GPBUSD for the rest of the week, IF price opens BELOW LAST WEEK'S CLOSE, KEEP SHORTING GBPUSD.
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BEST OF LUCK!
THANKS
We see on the weekly timeframe, price didn't break above the weekly bullish resistance point. Instead, we see price respect the zone with a BEARISH close below the resistance point. IF by the next open we see a candle opening below the previous close, we keep SHORTING GPBUSD for the rest of the week, IF price opens BELOW LAST WEEK'S CLOSE, KEEP SHORTING GBPUSD.
If you find this helpful, support with a LIKE and FOLLOW.
BEST OF LUCK!
THANKS