GBPUSD. We're near some heavy resistance bias to the upside.
We're near some heavy resistance for the pair for our bias is to the upside. Here, we can see price move either way to form a messy pattern but we're ready to buy all dips until 1.385
BULL CASE
Price can continue to move up from here to retest 1.385 without much of a retrace.
BEAR CASE
If there's too much deadweight, we retrace may be required before more upside. The immediate level we're looking at is 1.365.
BULL CASE
Price can continue to move up from here to retest 1.385 without much of a retrace.
BEAR CASE
If there's too much deadweight, we retrace may be required before more upside. The immediate level we're looking at is 1.365.