Hello traders,
GBPUSD is not a bearish one on daily chart.
But it should be a one to concern for a daily correction.
It has been sideways for a while. Maybe today BOE will send us a strong signal which way GBPUSD will go first.
On daily chart, it could retest 1.41-1.42 if it broke the 4h resistance .
But it could be rejected again from the resistance down to make a new daily low.
Lets see later and update for the plan.
Good luck!!!
LESS IS MORE!
GBPUSD is not a bearish one on daily chart.
But it should be a one to concern for a daily correction.
It has been sideways for a while. Maybe today BOE will send us a strong signal which way GBPUSD will go first.
On daily chart, it could retest 1.41-1.42 if it broke the 4h resistance .
But it could be rejected again from the resistance down to make a new daily low.
Lets see later and update for the plan.
Good luck!!!
LESS IS MORE!