GBPUSD: Trading Plan
2019-11-07 14:10:39
https://www.tradingview.com/x/La7CGxQj/
hey traders,
GBPUSD is steadily going down.
Though typically the pound dollar pair is very impulsive,
this movement from 1.296 structure resistance is very passive.
I think that buyers are consolidating their buying positions around 1.28 structure support area.
For confirmation, I will be waiting for a bullish violation of a falling parallel channel.
Target levels will be 1.29 and 1.298
Stop will be strictly below the underlined support zone.