Analysis of GBP/USD
On the daily chart, we have a Break of Structure (BOS), and on the lower time frame, we currently see consolidation. What I expect now is a pullback to the Institutional Candle (IC), the creation of a Lower High, and then the continuation of the bearish momentum. But for now, it's important to be patient and wait for the other two points.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.