Sell more than BUY
GBPUSD 1H Technical.
Currently i would wait for new entries.
It is tricky.
Above there are strong resistance area which should reject price and push it down. But below there are clear trend line which shows that price will go up.
So here are two things.
1. If price goes below trend line, it should be broken and retested, then price could move down till around 1.2500 area.
2. But if this resistance area will be broken, then price should move more up.
Currently i would wait for new entries.
It is tricky.
Above there are strong resistance area which should reject price and push it down. But below there are clear trend line which shows that price will go up.
So here are two things.
1. If price goes below trend line, it should be broken and retested, then price could move down till around 1.2500 area.
2. But if this resistance area will be broken, then price should move more up.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.