2 possible long setup for GBPUSD
Scenario 1: Confirmed break and retest of 1.30 will target 1.34
Scenario 2: A pullback toward and test of previous support at 1.2770-50 region before the next leg up. This will also create an inverted H&S formation on daily and a stronger push upto 1.34 region and beyond.
Scenario 2: A pullback toward and test of previous support at 1.2770-50 region before the next leg up. This will also create an inverted H&S formation on daily and a stronger push upto 1.34 region and beyond.
Kommentera:
Still no direction. Awaiting a valid setup