We are approaching a resistance level here on GBPUSD. Price has started to break through on the 4 hourly though there could be some pullback first.
Sentiment shows 70% of traders long on this pair, so we can be confident in taking this short.
For a risky entry, short now, or for a safer entry wait until price pulls back and retests a higher resistance level.
Sentiment shows 70% of traders long on this pair, so we can be confident in taking this short.
For a risky entry, short now, or for a safer entry wait until price pulls back and retests a higher resistance level.