Watching Closely For A Breakout To The Upside

2024年9月2日

If Gbp/Usd breaks and closes past 1.3204, price should resume testing the resistance at 1.3266 and then continue higher from there on. Currently it seems we have a flag formation but we don't have a breakout confirmation yet.

2024年9月6日

註釋

NFP has seemingly put a stop to the growth of GBP after it broke out of structure. We will continue to monitor this setup. It has not entirely invalidated yet. Market hasn't reversed until we get a confirmation on the bigger timeframes.