the entire month gbpusd is consolidating.
we have a wide horizontal range and the best trading opportunities are lying strictly on the boundaries of it:
shorting the market from resistance
and buying from horizontal support
for trend followers, the best strategy is to wait for a breakout of the range before taking any action.
*we can not estimate how long the market will spend within the range so stick to your plan.
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✅Join My Telegram Channel: t.me/VasilyTrading
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.