Pound Inggris / Dollar ASDiupdate GBP/USD in a consolidation phase,how to trade it now?
Dear traders, GBP/USD is currently in a consolidation phase.
Price is moving in a 60-pip range between 1.2696 to 1.2758.
Short-term traders can take advantage of this and consider scalping
this range. However, long-term traders need to wait for a breakout.
Keep in mind that the price is still above the 100 EMA on the 4-hour chart.
So, the bias is still tilted to the bullish side.
If price touches the EMA at 1.2668 and rebounds, we can consider buy entries
in GBP/USD.
Price is moving in a 60-pip range between 1.2696 to 1.2758.
Short-term traders can take advantage of this and consider scalping
this range. However, long-term traders need to wait for a breakout.
Keep in mind that the price is still above the 100 EMA on the 4-hour chart.
So, the bias is still tilted to the bullish side.
If price touches the EMA at 1.2668 and rebounds, we can consider buy entries
in GBP/USD.
Catatan
And price has touched the 1.2668 level as I mentioned
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.