GBPUSD 30min Analysis March 2nd, 2021
Trade Scenario 1: Bullish - For us to go long we want to see a retrace to at least 1.3900. We will then wait for price to find support and enter no strong bullish setups. First targeting around 1.3960.
Trade Scenario 2: Bearish - For us to go short we need to see price break below our weekly level of 1.3870. We will then wait for a retrace and for 1.3870 to flip as resistnace.
Trade Scenario 2: Bearish - For us to go short we need to see price break below our weekly level of 1.3870. We will then wait for a retrace and for 1.3870 to flip as resistnace.
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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.