bearish- Looking for either a double top or lower high for entry on sell. However over the past couple of days we haven't seen the bearish pressure as before and gbp has been holding well. bullish- i'll be looking for breakout and retest of the nearest resistance level. Most likely ill be looking to the h1 and m30 timeframes for optimal entry if this is the move...
my idea is that GU will make a move further down short term to gather liquidity before braking out and making a move higher.
Looking for sell entry at rejection zone just above Friday’s Asian range.