OANDA:GBPUSD   British Pound / U.S. Dollar
GBPUSD Daily timeframe,
Still sideway, But for me, this is 70% the last wave before continuing the trend.
Wait for Scenario 1 or Scenario 2 for confirmation about next trend.

For now, i will wait for the price to enter around the green line. risk management first, profit later.
Trade active:
sell position has been running. with TP1 around 1.205 or TP2 around 1.185 (Red Line) & SL around 1.248 (Above green line).
it is not yet clear whether scenario 1 or scenario 2. but I will take the opportunity to go to the red line first.
Trade closed: stop reached:
Stop Loss reached. wait for confirmation sell around 1.253xx - 1.258xx
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.