GBPUSD Trade The Zone. Potential False Break Out
GU H4 Price has been in consolidation for just under a month. In this case, we can take Sells at the top and Buys at the bottom. Be patient and wait for the price to come into our zones.
Take note of the inverted head and shoulder pattern on the H4, and H1. We may see price push outside of our Resistance zone to around 1.42333 area before selling back down to 1.4100 area
Take note of the inverted head and shoulder pattern on the H4, and H1. We may see price push outside of our Resistance zone to around 1.42333 area before selling back down to 1.4100 area