UnknownUnicorn38348225

The Best Way To Trade GBPUSD This Week

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Closed the week in a Range. This week I'm looking for the break out at the 1.2220 level to long it back to the 1.2440 level, or the break down at the 1.2130 level to shorten it to the 1.1940 level. When you look at the GU 4H chart you can clearly see the Double Top Formation that caused the break of the structure, this might be a reversal. Also, the price might first go up and tap into the daily high before deciding which direction to go next. But for now, I'm on the sideline until I see the break and retest of either of those two levels
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