GBPUSD > In-depth Analyses for A Buy Entry!!

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Analysis on #GBPUSD

in yesterday's analysis, I said it is going to be a strong day for the dollar and it was as the bond yield spiked almost 4% in yesterday's trading.

I Was watching GBPUSD market looking for a buying entry, the market did not provide any reason to get in.

looking at the chart I see the divergence between the RSI and the market action which indicated to me the selling is losing momentum.

if the market move to my support level I will then look for a rotation pattern to get in a buy trade with good risk to reward.


Thank you so much for your support.


Check today analysis below⠀

>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis