GBPUSD is the exact opposite situation compare to EURUSD. GBPUSD Daily Chart is on a Bullish trend whereas the 1-hourly and 4hourly is on a bearish trend. Check out the EURUSD post if you like to understand why the market move in such a manner.
My plan for GBPUSD is to wait for a retracement back to 1.3768 but not breaking and closing above it.
My plan for GBPUSD is to wait for a retracement back to 1.3768 but not breaking and closing above it.
Trade closed manually:
trade exit at 1.3736(+17)
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