On the daily chart, GBPUSD has a Bearish Channel, that's great news for trend traders and trend following traders.
For Counter-Trend traders, the 1-hourly chart has a pretty good setup for a buying opportunity.
If you have seen my video analysis, you would have known that I prefer to apply my sideway bounce trading strategy on GBPUSD over EURUSD and 1 of the many reasons is that it has a less trending nature than EURUSD.
Buying Opportunity at 1.3742 and Selling Opportunity at 1.3832.
For Counter-Trend traders, the 1-hourly chart has a pretty good setup for a buying opportunity.
If you have seen my video analysis, you would have known that I prefer to apply my sideway bounce trading strategy on GBPUSD over EURUSD and 1 of the many reasons is that it has a less trending nature than EURUSD.
Buying Opportunity at 1.3742 and Selling Opportunity at 1.3832.
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
www.tiktok.com/@raynlim
