Hi traders, here's my view on the GBPUSD pair on the weekly timeframe, and as you know, Monthly, Weekly and Daily timeframe are for directional bias and H4 H1 and other smaller time frames for entry. Right now, GBPUSD has just broken through quite an important structure level and this is a confirmation for the pair especially seeing the recently formed M pattern. I'd be expecting some form of retracement to the upside before the trend continuation to the downside.
In all, we stay reactive and predictive and watch how the situation develops on this pair.
In all, we stay reactive and predictive and watch how the situation develops on this pair.