GBPUSD ANALYSES
1H CHART : After a crazy Bullish Tuesday, price is consolidating on the purple lines as you can clearly see!
Besides the price is overbought(RSI), the consolidation between those levels could mean a possible revearsel to the downside.
It could be a simple pullback or a strong movement to the downside, but it will definitely go bearish!
I´m going to set some sell stops in order to catch those early pips.
Trade what you see and be cautious! Good luck yall
Besides the price is overbought(RSI), the consolidation between those levels could mean a possible revearsel to the downside.
It could be a simple pullback or a strong movement to the downside, but it will definitely go bearish!
I´m going to set some sell stops in order to catch those early pips.
Trade what you see and be cautious! Good luck yall
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