GBPUSD Buy Idea
D1 - We expect double wave down to the 61.8 fibo. We have bullish divergence so once the price reaches 61.8, we may expect a reversal to the top.
H4 - Price moving inside range.
Scenario 1 - We can look for sells once we get false break of daily uptrend line after reaching the 61.8.
Scenario 2 - Break above the top of the range and then after correction, we can look for buys.
H4 - Price moving inside range.
Scenario 1 - We can look for sells once we get false break of daily uptrend line after reaching the 61.8.
Scenario 2 - Break above the top of the range and then after correction, we can look for buys.
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