GBP/USD Analysis
As I mentioned, Monday will likely remain within consolidation. On the lower time frames, as well as the daily time frame, we can see that the price has been moving without higher highs and lower lows.
Today's session is already bullish, but personally, I still don't see confirmation for a buy. What I am waiting for is a break of structure (BOS) on the 4-hour chart.
Today's session is already bullish, but personally, I still don't see confirmation for a buy. What I am waiting for is a break of structure (BOS) on the 4-hour chart.
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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.