Analysis of #GBPUSD
The pound might soon reach its structure resistance zone where traders showed interest in selling the market, and we all witnessed last week the dollar did have one of its worst weeks.
I laid out on the chart 2 levels that interest me to get in this market and execute a trade.
if the market comes to test my structure resistance level I will then look for a valid reason to get in a sell entry.
if the market falls back to its trend line support also structure support zone near strong number 1.2500 I will then look for a valid reason to get in a buy.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
The pound might soon reach its structure resistance zone where traders showed interest in selling the market, and we all witnessed last week the dollar did have one of its worst weeks.
I laid out on the chart 2 levels that interest me to get in this market and execute a trade.
if the market comes to test my structure resistance level I will then look for a valid reason to get in a sell entry.
if the market falls back to its trend line support also structure support zone near strong number 1.2500 I will then look for a valid reason to get in a buy.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
