Analysis of #GBPUSD
the GBPUSD is getting squeezed between trend line support and resistance and trader are not able to push the market further to the upside as you can see the highs are getting shorter and shorter, however, this is not enough to get in a short trade just right now.
I am waiting for a break of trendline support and a close below the minor structure support level before considering a sell.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
the GBPUSD is getting squeezed between trend line support and resistance and trader are not able to push the market further to the upside as you can see the highs are getting shorter and shorter, however, this is not enough to get in a short trade just right now.
I am waiting for a break of trendline support and a close below the minor structure support level before considering a sell.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
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