The market is in important area. If go back will go back to my S1 on the chart and will stay in the channel
If brake the channel top line will go to previous support area.
Important where will open in the next 1 hour but because it is in Uk Pivot area ta the moment and not braking for now maybe will try to stay in the channel for the next 1-2 hours down.
MA are in down trend as well as RSI is overbought already - probability to go down but defensively wait for the next movement.
IMPORTANT is US session opening and the movement of US dollar to predict GBP.
If brake the channel top line will go to previous support area.
Important where will open in the next 1 hour but because it is in Uk Pivot area ta the moment and not braking for now maybe will try to stay in the channel for the next 1-2 hours down.
MA are in down trend as well as RSI is overbought already - probability to go down but defensively wait for the next movement.
IMPORTANT is US session opening and the movement of US dollar to predict GBP.
Comment:
I believe the market is getting ready for tomorrows data