GBP/USD_1st Week of March 2021
What information can we get on GBP/USD Daily & 4Hour timeframe:
1. Break of two major and minor resistant trendline
2. Im expecting the price to continue bearish and hit the major support trendline
3. Would hope that price to retrace before continue for bearish momentum
* its best to look for the price action before we take any position with proper Risk management RR and lot sizes. The chart is solely based on my observation from a technical perspectives. Any news or fundamental impacting the movement of market is beyond of my comprehension
1. Break of two major and minor resistant trendline
2. Im expecting the price to continue bearish and hit the major support trendline
3. Would hope that price to retrace before continue for bearish momentum
* its best to look for the price action before we take any position with proper Risk management RR and lot sizes. The chart is solely based on my observation from a technical perspectives. Any news or fundamental impacting the movement of market is beyond of my comprehension