GBPUSD has shown a continuous uptrend movement and the only rationale mid-term trading decision is to look for a buying opportunity within the buy zone. The movement looks almost like bitcoin appreciation. Don't you agree?
Last week GA was bullish, and i'm thinking the trend will continue this week following the new Brexit deal. Before the end of last week price created a new high, and it looks like price could just be retracing before another push to the upside. We're definitely prepared for whatever happens, but for now we will follow the trend and see what confluences price gives...
EURGBP has been trading bearish for quiet sometime now. We had a break of structure on the week of the 8th of February following by a Higher High @ 0.81122 area, right after that we had our Higher Low which was also the re-test of the trend line we just broke out of confirming our trend reversal.
We are anticipating a Retrace to the Orange Box marking the 50%...
