GBPUSD - Daily - Keep on watching it.
So overall, good numbers came out this morning from UK on the Retail Sales.
The pair is playing around the trend line. I have slightly adjusted it, comparing to my yesterday's analysis.
Yesterday my bias was more to the downside, but I said, it will depend on how the candle will close. Today, I am becoming more neutral. I will be observing today's close.
Either it is selling right now to wipe out all the Buyers and then reverse and go higher, or it is an even battle going on right now, which will be decided at the end of the day.
As always, keep an eye on the price action!
The pair is playing around the trend line. I have slightly adjusted it, comparing to my yesterday's analysis.
Yesterday my bias was more to the downside, but I said, it will depend on how the candle will close. Today, I am becoming more neutral. I will be observing today's close.
Either it is selling right now to wipe out all the Buyers and then reverse and go higher, or it is an even battle going on right now, which will be decided at the end of the day.
As always, keep an eye on the price action!
