UnknownUnicorn2396129

GBP/USD MARKET IDEA

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OANDA:GBPUSD   英镑/美元
as we can see here on the GBP/USD chart, that the market has broken from a sideways moving trend to then break through to the downside, after to have a retest back up the previously broken support, then use the level as a resistance and break down further with strong momentum to lower levels. due to the strong change in momentum overall we are hopefully looking for the market to settle and create a new structure in lower areas, however, we need to see some indications to prove this. the first thing we will be looking for is a retest back up of the previously broken level to show the market was to surely move into new areas, also we will just be looking for candles for now, because choppy candles or consolidation can give us an uncertainty about the potential direction. so while considering these we will wait to see how we will be able to trade this market.
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