Morning all, Price has broken below the upwards trends line and seems there is a strong signal for a potential short lining up on this pair. - As you can see from the annotated chart I will be waiting for price to retrace to the old trend line and bounce back down before I enter a short position - Patience is key here as you dont want to get caught in a...
Good Evening! GPB/USD is entering a key zone as you can see from the chart it is in an upward channel, approaching the bottom and currently in a ket S/R zone. I caught 156 pips on the move down and will be waiting to watch the price action before confirming whether this will be a long or short entry! RSI is showing it is oversold so could line up well for...