5.6.2023 GBP/USD
This post here is just to show current market structure on GBP/USD. I have been posting for weeks that this pair was BULLISH and this here is why. As you can see price action as been maintaining Higher Highs and Higher Lows. In my previous post you will see that where price is now, I predicted it to reach. That area of resistance comes from the Weekly time frame. Price may or may not hold the resistance, but if it does breakout to the upside my next level resistance is around 1.28000. And if price does fall from this resistance area the structure is BULLISH until further notice.
Trade what you see, not what you think. This is what I see and how I see it. I hope this helps somebody along the way and feedback is always appreciated!
Trade what you see, not what you think. This is what I see and how I see it. I hope this helps somebody along the way and feedback is always appreciated!
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