GBPUSD trading plan for Today 03 Feb.

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We can see GBPUSD being rejected from last weekly close , Price has made strong bearish move and has closed below minor support , looking at current technical picture we can look to :

1. Sell if price moves higher and rejected from current resistance , take profit can be next support.
2. Buy in case of confirmed Bounce from current support , with take profit as resistance zone..

In case price closes below support then we would like to wait for daily candle close in order to decide future course of action.

In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .

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