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No new trades in GBPUSD
British Pound / U.S. Dollar
No new trades in GBPUSD
By ForexTrendline
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Jan 19, 2023
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Jan 19, 2023
Yesterday we saw a new momentum rally in GBPUSD and reaching all expected levels.
Right now we already have a correction of over 100 pips from the top and there is no basis for new trades.
We will watch the support and resistance areas for a possible reaction.
We will be looking for new entries only when there are good grounds.
During this time, other instruments can be considered and more time spent analyzing and improving strategies.
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