GBPUSD has a sideway bounce formation on the 1-hourly chart but I would say the EURJPY sideway bounce setup is a better setup, check out my trade-ideas profile for the setup.
On GBPUSD a minimum setup will be a Double Bottom with RSI Divergence for me to engage a buying opportunity.
Conservative traders will place stop-loss below the low of the circled shadow.
On GBPUSD a minimum setup will be a Double Bottom with RSI Divergence for me to engage a buying opportunity.
Conservative traders will place stop-loss below the low of the circled shadow.
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