British Pound / U.S. Dollar
Hello dear friends,
I am expecting this scenario (the pattern drawn on the chart) from the Pound, which should also create a new pattern. However, in the selling zone, we may see different conditions, as the price is approaching the daily Decisional area, and the market might turn bullish. So please do not enter a selling trade easily until we obtain confirmation. I will update my analysis later so that we do not miss out on the sweet purchase of this Pound trade, but for now, the conditions are bearish, and we are looking to sell.
I am expecting this scenario (the pattern drawn on the chart) from the Pound, which should also create a new pattern. However, in the selling zone, we may see different conditions, as the price is approaching the daily Decisional area, and the market might turn bullish. So please do not enter a selling trade easily until we obtain confirmation. I will update my analysis later so that we do not miss out on the sweet purchase of this Pound trade, but for now, the conditions are bearish, and we are looking to sell.
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