GBPUSD 25/1/21
Price didn't really move much today. Looks like it's in a consolidation.
Key level (1.36400) is marked for a break and retest to the downside or if price rejects and goes back up to the top of the green channel (4 hour).
Areas of TP are 1.35300 and 1.34500.
Would be ideal for price to move back up before coming back down for a higher probability trade.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
Key level (1.36400) is marked for a break and retest to the downside or if price rejects and goes back up to the top of the green channel (4 hour).
Areas of TP are 1.35300 and 1.34500.
Would be ideal for price to move back up before coming back down for a higher probability trade.
Ideas/opinions would be very much appreciated as I am new to this so any feedback will be taken into consideration!
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