TaherJalili

Waiting for a clear break out

Long
FX:GBPUSD   British Pound / U.S. Dollar
After making a nice trend higher on the daily chart , price has stalled into a sideways box pattern.

After trying to make a breakout higher that ended in a fakeout, price is very much stuck at the moment.

The best play looks to be to watch this pair until price makes a clear break out of this congestion and shows some clearer price action.