GBPUSD is a good example where key support and resistance levels usually give very good trade setup provided we are patient enough to let the market do their job. On 13 Dec '19 we had the Double Top formation with obvious reversal CS that should gave us one profitable trade in terms of risk:reward.
So from here, i'm bias to go long this pair at two key support levels, i.e. @1.31767 or @1.30126. As always, let the market show the way.
May the force be with us.
So from here, i'm bias to go long this pair at two key support levels, i.e. @1.31767 or @1.30126. As always, let the market show the way.
May the force be with us.