4.25.2023 GBP/USD
GBP/USD moved very chaotic last week showing some indecision but we did get another bullish close on the weekly TF. Despite being in a key resistance area GU has been maintaining its bullish structure on the Daily and 4H TF’s. We did have a very strong bullish candle close today but that still has not altered my bullish bias being that price action is still respecting the previous HL on the 4H TF. Until price breaks that support level I will continue to look for buy opportunities and of course once the bullish structure is invalidated then I will transition my bias as the markets starts to transition from bullish to bearish
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