For the GBPUSD currency pair, the impulse down may last much lower than 1.34110. If the price does not consolidate above 1.35810, as it is expected, then we can expect such a scenario.
SELL scenario: Shorts are relevant until the price closes above 1.35810. Most likely the most optimal option is a false breakdown of this level and opening a short.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
SELL scenario: Shorts are relevant until the price closes above 1.35810. Most likely the most optimal option is a false breakdown of this level and opening a short.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.