GBPUSD - looking at retracement buys.
Right now we have a break of the consolidation. The change in market structure will attract bullish energy. I will like to see how price tests the 50MA.
I feel like a move to the 1.38200 will be likely before a retrace.
I will be waiting for price to develop to get the best entry.
Remember... Patience is a virtue.
Ill be updating the idea as it progresses.
I feel like a move to the 1.38200 will be likely before a retrace.
I will be waiting for price to develop to get the best entry.
Remember... Patience is a virtue.
Ill be updating the idea as it progresses.
Comment:
Price couldn't test the resistance correctly we now have a clear rejection. Set up invalid. We'll get them next time.
