GBPUSD is not a good choice to trade these days.
Pound is waiting for the result of Brexit.
Obviously there are two possibilities for it to go, up or down .
Technically, before any news come out, GBPUSD will move toward the nearest resistance blue zone. Anything could happen after that , thats why we have one red arrow and one blue arrow.
Pound is possible to test 1.2-1.33 EVEN THOUGH WEEKLY CHART IS SHOWING US BULLISH .
Less is more!
Pound is waiting for the result of Brexit.
Obviously there are two possibilities for it to go, up or down .
Technically, before any news come out, GBPUSD will move toward the nearest resistance blue zone. Anything could happen after that , thats why we have one red arrow and one blue arrow.
Pound is possible to test 1.2-1.33 EVEN THOUGH WEEKLY CHART IS SHOWING US BULLISH .
Less is more!
