I'm personally aiming for this support area which you can see marked up, then looking for buy momentum after this area, if I don't have no clear rejections within this area then I won't be looking for buy's.
This is my view with GBPUSD, We are currently in an uptrend with price however I believe price will break the support and fall to marked area, reason is with the SMA crossove and failed to make new HH HL, instead of making LH and LL
In today's analysis, I will be showing my point of view for EURUSD!!
if we look at the monthly chart then we can see we are on an overall downtrend and we are coming to the point where we can see the trend is going to be broken some point now!!
Overall I think this will stay bearish till next year.
for the short term, I would suggest waiting for the...