FX:GBPUSD   British Pound/U.S. Dollar
238 0 0
GBPUSD             - On the daily TF, I see this pair going lower to test 1.54 resistance turned support level before upwards continuation to test upside at 1.57. Look out for any bullish price action at the said level.

So hold your ammunition and wait for a better time to enter long.

However, if the 1.54 level breaks decisively, we would have to reanalyze the chart again. The bigger TF sees this pair in sideways movement after breaking down from a triangle. Go to my weekly chart analysis to see this.

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All the best!

~ Ardy
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