Daily chart is showing us that we are at resistance in uptrend. If we will break it, then we should wait for a retest and then long (1). Other option is that we will move down to support at 1.55 and then look for long entry again.

gbpusd-d

gbpusd-1h

We can not forget that tomorrow there is big red news in UK and also on Friday we have NFP. So it could easy happen that we will not have much movement till tomorrow UK news.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.