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UnknownUnicorn300837
Jan 10, 2017 4:46 AM

Potential Breakout 

British Pound/U.S. DollarFXCM

Description

Analysis quickly done today as there is nothing on my radar that fits my rule besides this potential breakout on GBPUSD H1.

After a sharp move to the downside yesterday, price consolidated overnight and now offers me a potential play when it will break out the consolidation (it can break whether to the upside or downside, though I'm predicting a break to the downside).

Now let's wait and see when it breaks, and if I can get involved.

Good luck in the markets today folks !
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