In this analysis I provide my 2 scenarios for GBPUSD. I am inclined to believe that the higher probability move is to the upside.
I will update the chart.
I will update the chart.
Note
Retested the low at 1.262 and now seems like going to the upside. Still in the trade.
Note
Still in the same area. Nothing changed as per initial analysis.
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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.