Great Britain Pound vs US Dollar D1 Live Forex Chart
GBPUSD,D1 Chart By JCLforex
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The GBP/USD continues to trade in a very narrow sideways range in dead center of the channel with the support of 1.6534 holding twice this week.
With such a narrow range holding on the gbp/usd best to stand aside. If the nearest support of 1.6534 fails I am looking to buy at the next support which is the lower channel level the pair is trading inside of right now.
With such a narrow range holding on the gbp/usd best to stand aside. If the nearest support of 1.6534 fails I am looking to buy at the next support which is the lower channel level the pair is trading inside of right now.
Catching a bid off of support.
The GBPUSD is currently trading in a very narrow sideways range in dead center of the channel.
There simply is no trade here either way. There is no edge. Price is flat. I will wait for price to trade toward support before looking for buy side entries.
There simply is no trade here either way. There is no edge. Price is flat. I will wait for price to trade toward support before looking for buy side entries.