GBPUSD Institutional Thought
GBPUSD showed a shift in market structure.
After reaching a new high it grabbed liquidity at the High of 21. July.
Now it seems like its forming a triangle.
The Price-Movement after Asia Session on Monday will show, if we can enter long Trades at this level or if it will drop to the 23. Jul Low.
After reaching a new high it grabbed liquidity at the High of 21. July.
Now it seems like its forming a triangle.
The Price-Movement after Asia Session on Monday will show, if we can enter long Trades at this level or if it will drop to the 23. Jul Low.
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.