Hi Traders,
My view on
GBPUSD, we are SELLING for now
Price Action Analysis:
Price has recently failed to resume the previous bullish momentum, showing signs of buyer exhaustion.
On the daily chart, the market attempted to push higher but was rejected.
This suggests that the sell-side is still active, and we may see a temporary move downward as sellers continue to dominate short-term flow.
However, if price approaches a key zone or shows signs of buyer strength returning, we will begin to look for buy opportunities.
Good Luck
My view on
GBPUSD, we are SELLING for nowPrice Action Analysis:
Price has recently failed to resume the previous bullish momentum, showing signs of buyer exhaustion.
On the daily chart, the market attempted to push higher but was rejected.
This suggests that the sell-side is still active, and we may see a temporary move downward as sellers continue to dominate short-term flow.
However, if price approaches a key zone or shows signs of buyer strength returning, we will begin to look for buy opportunities.
Good Luck
Note
Today might move pretty good :)Trade active
Trade closed: stop reached
break even trade :)
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.
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.