Breakout trade - GBP/USD - 2.06.21

Paun British / Dolar A.S. (OANDA:GBPUSD)

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OANDA:GBPUSD Paun British / Dolar A.S.

Trend Analysis GBPUSD GBP USD trade IDA IDEA buy SELL Bearish Patterns

trendanalysis gbpusd gbp usd trade ida idea buy sell bearish

The price has been ranging all Asian session, during the Pre-London/London session I will be looking for a breakout trade.. I am more bearish on this pair since it rejected a key level a few weeks in a row now, but will be looking for a quick buy if the opportunity presents itself.

Komen:

Since I'm more bearish, I will be looking closely how the price reacts at the resistance to see whether if it will break it to see If i can take a sell down to support in anticipation of it breaking down more...

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