This pair is retesting a monthly zone along with a break and retest of trendline and it looks to be making a higher low 2nd touch of a newly formed upward trend and all this is on a monthly chart. I'll be looking for break and retests on the Daily and 4hr charts timeframes in the upward direction... Will update once I get a setup... Keep your eyes on this pair this week...
Hey guys, today we are looking at GBPUSD. I am seeing a sell, due to a break and retest and touch of a trendline... My stop is 30 pips and my target is 100 pips... Lets sell and see what happens in the coming days guys...