GBPUSD Neutral Bias

97


Overall trend for this pair is bullish since price still inside and respectign perfectly a weekly ascendign channel where it creates intraday channels and waves and right now we holdin right after a 4th wave was formed and price is holdin on a key level where confirmations lines up :

1. 3rd touch to the intraday descendign channel
2. 38% MP that lines up with the TL
3. 4th weekly wave formation
4.2nd intraday structure formed

So in order to go short i must ee a break adn clsoe belwo previous candle lows and the MP 38% at 1.3150 and in order to go logn i need to see a break and clsoe above previosu candle highs at 1.3200

Penafian

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