GBPUSD: Waiting for Breakout
Updated
Traders!
We're looking at a breakout during this consolidation period on GBPUSD.
Currently we're looking to retest the hourly support, watch for the breakout. If we bounce off the support we're looking to retest the resistance level and watch for a breakout.
Will keep everyone updated on the progression.
Please see this video for details: youtu.be/oW7pI8-eTxw
Happy Trading!
We're looking at a breakout during this consolidation period on GBPUSD.
Currently we're looking to retest the hourly support, watch for the breakout. If we bounce off the support we're looking to retest the resistance level and watch for a breakout.
Will keep everyone updated on the progression.
Please see this video for details: youtu.be/oW7pI8-eTxw
Happy Trading!
Note
Getting squeezed into a corner, watch for the breakout!
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