GBPUSD Analysis September 6, 2020

On the weekly timeframe we are at a HH. Last week formed a spinning top which is a sign of reversal. On the daily we can clearly see that we are still in an uptrend. Friday formed a doji candle which is a sign of potential reversal but we must go down to the lower timeframe before looking at this to go long. The H4 timeframe is in a confluence zone but still needs to show more signs of reversal before going long. We will need to pop up above the 1.3300 level before considering lower timeframe entry opportunities.