GBPUSD ANALYSIS

It's been a smooth ride with three swing bear trades all hitting take profit, so now from our analysis this both currency are at the verge of a bottom rate, that's why from our analysis we marked it red, it's an extension point for the bear price from first point of lower lows structures broken, as you can see that's why the trend is now exhausted, next we have some red news coming, be very careful trading this two currencies at this point, we expect range and rallies to happen as the two decide on what next move.