Time Frame: 4H Symbol: GBPUSD Bias: Neutral As we see the closest pairs of GBPUSD are in neutral zone, so is the case with GBPUSD itself. The price actions and volatility in general do not implicate any strong momentum move and therefore staying away will be a good decision for the time being.
Time Frame: Daily Symbol: GBPUSD Bias: Neutral We do not see any high probability set up in GBPUSD today.
Time Frame: 4H Symbol: GBPUSD Bias: Neutral Today we are neutral for GBPUSD. To churn out the best benefits from a pair, you need an edge. We do not see any explicit or implicit pipping edge today. We are waiting for a new opportunity.
The gbpusd is still in the strong resistance i will wait, if the price fly up i will wait for the the buy and if there is a reversal candle pattern i will automatic sell
I’ve posted a few ideas for trades i have taken personally on this pair. I have been steadily taking partials and moving stops up into profit. They finally got me this morning. But that’s what they are there for. Currently this pair seems to be ranging around the 1.38 level. I’m expecting and break to the upside followed by a sell back down into the consolidation...
Time Frame: Daily Symbol: GBPUSD Bias: Neutral GBPUSD is still unpredicatble as it is in a critical zone. If the price moves upto the closest resistance level we can predict the next move. Let's wait and see where the price rolls!
Outlook on GBPUSD for the upcoming trading week, will build position according to how price action unfolds