GBPUSD 30min Analysis March 8th, 2021

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Trade Scenario 1: Bearish - For us to go short we need to see price break below 1.3810. We will then wait for a retrace and for 1.3810 to flip as resistance. Enter on strong bearish setups, first targeting 1.3760

Trade Scenario 2: Bullish - For us to go long we need to see price break above 1.3845. We will then wait for a retrace and for 1.3845 to flip as support. Enter on strong bullish setups, first targeting around our weekly zone of 1.3870

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