I have been eyeing of the pound for a new higher low for a little while from when it made a Higher High..
It technically still bullish on most time frames but my best two time frame for setups are the Monthly / Weekly for an overall outlook direction
I then trade based on the Daily / 4hr for trades following price action
In trading everything and its foundations are 3 or more but mainly 3 main factors
1. Support & Resistance
2. Price Action - ( STRUCTURE)
3. Candlestick Analysis
With a few not many handy tools in my tool box
lets see what we can get out of GBP/USD in the next few hours even days coming.
Patience is KEY!!