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GBPUSD analysis
British Pound / U.S. Dollar
Long
GBPUSD analysis
By ForexTrendline
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Jun 8, 2021
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Jun 8, 2021
Price is still moving sideways.
After a few fake breakouts, we are currently in the middle of the range again.
The best entry point would be after a breakout in any of the two directions.
If we're looking for day trades, then they should be inside of the range.
In the last couple of days GBPUSD has made lower highs and reducing the range.
A breakout of the resistance would be a good buying opportunity.
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ForexTrendline
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