GBPUSD Trend Analysis - Buy or Sell
Pound was making lower highs and lower lows. Previously GBP rejected from the Resistance x3 times and continue pushing down.
Scenarios:
1- Retest the recent Resistance and continue pushing down towards the zone. Also break the zone the form the next lower low to respect the trend.
2- Buying above the top Resistance or Reversal in Trend.
Note:
Trade according to the scenarios, risk management, account size, and always take entries on Confirmations.
Scenarios:
1- Retest the recent Resistance and continue pushing down towards the zone. Also break the zone the form the next lower low to respect the trend.
2- Buying above the top Resistance or Reversal in Trend.
Note:
Trade according to the scenarios, risk management, account size, and always take entries on Confirmations.
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